UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) APRIL 23, 1999
VISTA EYECARE, INC.
(Exact name of registrant as specified in its charter)
Commission File No: 0-20001
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GEORGIA 58-1910859
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(State or other jurisdiction (I.R.S. employer
of incorporation or identification
organization) number)
296 Grayson Highway
Lawrenceville, Georgia 30045
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(Address of principal executive offices)
(770)-822-3600
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On April 23, 1999, the Registrant issued a Press Release,
attached hereto as Exhibit 99 announcing that it has granted an
exception under its shareholder rights plan to allow an investor
group to make additional purchases of its common stock.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
VISTA EYECARE, INC.
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(Registrant)
BY: /s/ Angus C. Morrison
Angus C. Morrison
Senior Vice President, Chief Financial
Officer and Treasurer
Dated: April 23, 1999
CONTACTS:
Angus C. Morrison
Senior Vice President, CFO & Treasurer
(770) 822-4285
www.vistaeyecare.com
Janice J. Kuntz
Fleishman-Hillard, Inc.
404-659-4446
FOR IMMEDIATE RELEASE:
April 23, 1999
LAWRENCEVILLE, Georgia Vista Eyecare, Inc. (NASDAQ:VSTA) announced
today that it has granted an exception under its shareholder rights
plan to allow an investor group led by Campbell B. Lanier, III, a
director of the Company, to make additional purchases of its common
stock up to 25 percent of the total shares outstanding (inclusive of
those already owned by such group). The group owns approximately 13.4
percent of the total shares outstanding according to its latest SEC
filing, and the exception will allow it to exceed the 15% limit
contained in the rights plan. While the group may now make such
additional purchases without triggering the rights plan, the Company
has no information as to whether it will make any additional
purchases. The decision to grant this exception was made by the
members of the Board other than Campbell B. Lanier, III and his uncle,
J. Smith Lanier, II.
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