To view the PDF file, sign up for a MySharenet subscription.

VISUAL INTERNATIONAL HOLDINGS LIMITED - Listing of Visual and Results of Offer

Release Date: 19/05/2014 10:58
Code(s): VIS     PDF:  
Wrap Text
Listing of Visual and Results of Offer

VISUAL INTERNATIONAL HOLDINGS LIMITED
(Formerly Presto Financing Proprietary Limited)
(Incorporated in the Republic of South Africa)                  
(Registration number 2006/030975/06)
(“the Company” or “Visual”)
ISIN Code: ZAE000187407 Share code: VIS

LISTING OF VISUAL AND RESULTS OF OFFER

The Company is pleased to advise that the transfer of Erf 24258 Kuils River was finalised
on 16 May 2014. The Company has now met all the requirements in order to proceed
with the listing of the company on 23 May 2014.

Following the intended listing announcement published on 7 March 2014 detailing an
offer of 66 000 000 shares at 50 cents per share, with a minimum subscription of
7 200 000 shares, the directors of Visual are pleased to advise that the JSE Limited has
approved the listing of 211 759 796 ordinary shares on the AltX under the abbreviated
name “VISUAL” and ISIN ZAE000187407. The listing of the shares on AltX will
become effective from the commencement of business on Friday, 23 May 2014.

The minimum subscription of 7 200 000 shares at 50 cents per share as detailed in the
Prospectus dated 3 March 2014, has been exceeded with over 320 applications being
received for 22 301 021 shares, raising R11 150 510.50. The applications were allocated
in full.

Two deposits were received without applications and these funds are held in trust and
will be refunded once the depositors have been identified.



By order of the Board
Johannesburg
19 May 2014

Designated Adviser                                    Auditor and Reporting Accountants
Arcay Moela Sponsors                                             Baker Tilly Greenwoods

Lead Funding Arranger                                                   Property Valuer
Prescient Wealth Management                                   Adval Valuation Centre cc

Attorneys                                                                   Stockbroker
Van Der Merwe & Robertson                                                 Imara SP Reid

Date: 19/05/2014 10:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story