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UBS Trims Stake in Vista Group, Drops Below Substantial Holder Threshold

Story Highlights
  • Vista Group International supplies cinema and entertainment software to global exhibitors.
  • UBS Group AG cut its Vista stake to 4.95 percent, losing substantial holder status.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UBS Trims Stake in Vista Group, Drops Below Substantial Holder Threshold

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An announcement from Vista Group International Ltd ( (AU:VGL) ) is now available.

UBS Group AG and its related entities have reduced their shareholding in Vista Group International, causing them to cease being a substantial product holder under New Zealand securities law. Their holding fell from 12,096,719 ordinary shares (5.06% of Vista’s issued capital) to 11,833,055 shares, or 4.95%, signalling a marginal sell-down that slightly reduces institutional ownership but does not materially alter Vista’s overall share register structure.

The most recent analyst rating on (AU:VGL) stock is a Buy with a A$3.22 price target. To see the full list of analyst forecasts on Vista Group International Ltd stock, see the AU:VGL Stock Forecast page.

More about Vista Group International Ltd

Vista Group International Limited is a New Zealand-listed company operating in the cinema and entertainment technology sector, providing software and data solutions to the global film exhibition industry. Its platforms support cinema management, ticketing, and related services for exhibitors and studios in multiple international markets.

Average Trading Volume: 70,854

Technical Sentiment Signal: Sell

Current Market Cap: A$534.8M

For detailed information about VGL stock, go to TipRanks’ Stock Analysis page.

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