Vista Group announces NZ$65 million equity raising

Vista Group International Limited (NZX & ASX:VGL) has announced its intention to raise approximately NZ$65 million via a NZ$25 million underwritten placement to institutional investors, together with an approximately NZ$40 million 1 for 4.37 pro-rata non-renounceable accelerated entitlement offer. Founders, directors and senior management have committed to subscribe for $4.7 million of the new shares to be issued, with the balance of the equity raise fully underwritten by Macquarie Capital (New Zealand) Limited (acting through and in conjunction with its affiliates) and Craigs Investment Partners Limited. Included in this announcement is: 1. Market Announcement 2. Offer Document (including a letter from the Chair) 3. Investor Presentation 4. NZX Corporate Action Notice 5. ASX Appendix 3B 6. Cleansing Notice ENDS For further information, please contact: Kimbal Riley Chief Executive Officer Vista Group International Limited Contact: kimbal.riley@vista.co Matt Cawte Chief Financial Officer Vista Group International Limited Contact: matt.cawte@vista.co End CA:00351733 For:VGL Type:OFFER Time:2020-04-16 08:32:49