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VISUAL INTERNATIONAL HOLDINGS LIMITED - Trading Statement for the Year Ended 29 February 2020

Release Date: 24/03/2021 09:53
Code(s): VIS     PDF:  
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Trading Statement for the Year Ended 29 February 2020

VISUAL INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/030975/06)
ISIN code: ZAE000187407 Share code: VIS
(“the Company”)

TRADING STATEMENT FOR THE YEAR ENDED 29 FEBRUARY 2020

In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies are required
to publish a trading statement as soon as they are satisfied that a reasonable degree
of certainty exists that the financial results for the period to be reported on will differ
by at least 20% from the financial results for the previous corresponding period or a
profit forecast previously provided to the market in relation to such period.

Shareholders are accordingly advised that a reasonable degree of certainty exists
that, for the year ended 29 February 2020:

-   the basic loss per share will be (9.74) cents, being a decline of 236% compared to
    the basic loss per share of (2.90) cents reported for the year ended 28 February
    2019; and
-   the headline loss per share will be (11.53) cents, being a decline of 303%
    compared to the headline loss per share of (2.86) cents reported for the year
    ended 28 February 2019.

This financial information has not been reviewed or reported on by the Company’s
auditors.

Cape Town
24 March 2021

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 24-03-2021 09:53:00
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