Vista Group International Limited (ASX:VGL) faces opposition from Fisher Funds, the second largest shareholder, who intends to vote against all four resolutions put forward by Potentia at the special meeting. Fisher Funds controls 14.4% of the shares on issue and expressed support for the current Vista Board and company strategy.
We remain supportive of the current Vista Board and company strategy. With respect to the request for a special meeting, we intend to vote against all four resolutions put forward by Potentia. To be clear, we do not support the appointment of Amitesh Chand and Peter James as directors, nor do we support the removal of current directors Susan Peterson and Kirk Senior.
Vista Group International Limited (ASX:VGL) is facing opposition from Fisher Funds, the second largest shareholder, who expressed intent to vote against all resolutions proposed by Potentia at the special meeting. The company's Board received a letter from Fisher Funds expressing their support for the current Vista Board and strategy, and their intention to vote against Potentia's proposed resolutions. Vista Group, a global leader in providing technology solutions to the international film industry, will need to navigate this opposition as it continues its operations and strategic initiatives.