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Quarterly Suspension Update
VISUAL INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/030975/06)
(“the Company” or “Visual”)
ISIN Code: ZAE000187407 Share code: VIS
QUARTERLY SUSPENSION UPDATE
Trading in Visual’s shares on the JSE Limited (“JSE”) is currently suspended until such time as
the Annual Financial Statements and Annual Reports for the years ended 28 February 2019
and 29 February 2020 have been issued (the “Suspension”).
In terms of paragraph 1.11(c) of the JSE Listings Requirements, the Company is required to
provide an update to shareholders regarding the current state of affairs of the Company until
the Suspension is lifted.
Accordingly, shareholders are referred to the announcements released on SENS on 18 June
2020 and 1 July 2020, respectively and are advised that the audits and preparation of the
Annual Reports for the years ended 28 February 2019 and 29 February 2020 are progressing
well. The audit will be completed back to back and the various results announcements will
be published on SENS. It is expected that the results for the year ended 28 February 2019 and
the interim results for 31 August 2019 will be approved at the upcoming meetings scheduled
for 12 October 2020.
The audit and Annual Report for the year ended 29 February 2020 will be finalised as soon as
possible thereafter.
The Company will become compliant with the JSE Listings Requirements once the 2020
Annual Report has been posted to shareholders, after which it will apply for the lifting of the
Suspension.
The Board will continue to inform shareholders of the progress of the Share Subscription and
will advise shareholders of the date on which the Suspension is expected to be lifted in due
course.
Johannesburg
1 October 2020
Designated Advisor
AcaciaCap Advisors Proprietary Limited
Date: 01-10-2020 09:08:00
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