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Vista Group confirms approvals – Vista China Equity Stake

24/08/2018, 11:48 NZST, GENERAL

Market Announcement 24 August 2018, Vista Group International Limited, Auckland, New Zealand Vista Group completes regulatory process for increased stake in Vista China. Vista Group International ('Vista Group' NZX & ASX: VGL) and its Chinese subsidiary, Vista Entertainment Solutions Limited, Shanghai (Vista China), confirm the granting of the final regulatory approvals required to approve the 7.9% equity purchase from its partner, Beijing Weying Technology Co. Limited (WePiao). The commercial agreement for this share purchase was outlined in the Market Announcement released on 20 February 2018. The regulatory approval received, confirms the terms of the original commercial agreements. There has been a delay in completing the additional agreements to enable the consolidation of Vista China into the Vista Group accounts. Vista Group hopes to conclude these arrangements shortly and the market will be updated once that process is finished including the date that consolidation will commence. Kimbal Riley Group Chief Executive Vista Group International Ltd Contact: +64 9 984 4570 End CA:00322745 For:VGL Type:GENERAL Time:2018-08-24 11:48:13

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