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Vista Group Director Sells Shares to Repay Trust’s Capital Raise Contribution

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Vista Group Director Sells Shares to Repay Trust’s Capital Raise Contribution

The latest update is out from Vista Group International Ltd ( (AU:VGL) ).

Vista Group International Ltd has announced a transaction involving the sale of 500,000 ordinary shares by Director Murray Lawrence Holdaway. This sale, which represents less than 7.4% of the Holdaway and Geary Trust’s total shareholding in Vista Group, was conducted to repay amounts paid by the trust during the company’s 2020 capital raise. The transaction was approved under the company’s Securities Trading Policy, which requires directors to obtain consent for trades during closed periods.

More about Vista Group International Ltd

Vista Group International Ltd operates in the film and entertainment industry, providing software and technology solutions primarily for cinema management and distribution. The company focuses on enhancing the operational efficiency of cinemas and improving the movie-going experience through its innovative software products.

YTD Price Performance: 13.38%

Average Trading Volume: 18,546

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$814.2M

For a thorough assessment of VGL stock, go to TipRanks’ Stock Analysis page.

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