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VISUAL INTERNATIONAL HOLDINGS LIMITED - Dealings by an Associate of a Director

Release Date: 14/10/2016 15:19
Code(s): VIS     PDF:  
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Dealings by an Associate of a Director

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

DEALINGS BY AN ASSOCIATE OF A DIRECTOR


Shareholders are referred to the separate announcement made on 14 October 2016 regarding the
granting of an option to Tokoza Cape Flowers Proprietary Limited (“Tokoza”) to subscribe for Visual
ordinary shares, subject to shareholder approval.

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the Johannesburg Stock
Exchange, the following is disclosed:

 Director:                           CT Vorster
 Company:                            Visual
 Date of transaction:                Option approved by the board on 13 October 2016, subject to
                                     shareholder approval
 Nature of transaction:              American option to subscribe for Visual shares in whole or in part
 Class of securities:                Option in respect of ordinary shares
 Number of options:                  25 000 000
 Option price:                       R0.15
 Total value of transaction:         R3 750 000
 Period:                             Within one year after the repayment of a loan from Tokoza
 Nature interest                     Indirect beneficial
 Extent of interest                  11.2% (based on existing issued share capital)
 On-market or off-market:            Off-market
 Clearance obtained:                 Not applicable


Johannesburg
14 October 2016

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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