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VISUAL INTERNATIONAL HOLDINGS LIMITED - Quarterly Suspension Update

Release Date: 06/04/2021 09:56
Code(s): VIS     PDF:  
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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

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 previous update announcement released on SENS
on 5 February 2021.

The Company is pleased to advise shareholders that the Annual Report for FY19 has been
completed and is expected to be posted to shareholders on or about 6 April 2020. The interim
results for the six months ended 31 August 2019 have also been completed and were published
on SENS on 11 March 2020.

The audited results for the year ended 29 February 2020 were published on SENS on 25 March 2021
and the Annual Report for the financial year ended 2020 has also been finalised and will be posted
to shareholders on or about 6 April 2021. The Company aims to publish the results for that period
on SENS and to finalise the Annual Report in early April.

The Company will become compliant with the JSE Listings Requirements once the results for the
six months ended 31 August 2020 have been published, which is expected in the coming week.
The Company will then apply for the lifting of the suspension.

The Board will continue to inform shareholders of the progress of the share subscription by
Verityhurst Proprietary Limited, details of which were announced on SENS on 18 June 2020, and
will advise shareholders of the date on which the suspension is expected to be lifted in due course.

Johannesburg
6 April 2021

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 06-04-2021 09:56:00
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