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VISUAL INTERNATIONAL HOLDINGS LIMITED - Unaudited Interim Condensed Consolidated Results for the 6 months ended 31 August 2022

Release Date: 02/12/2022 11:45
Code(s): VIS     PDF:  
Wrap Text
Unaudited Interim Condensed Consolidated Results for the 6 months ended 31 August 2022

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

SHORT-FORM ANNOUNCEMENT - UNAUDITED INTERIM CONDENSED CONSOLIDATED RESULTS FOR THE SIX
MONTHS ENDED 31 AUGUST 2022


Salient Features
Extracted from the unaudited condensed consolidated results for the six months ended 31 August 2022:

                                              31 August 2022         31 August 2021              Percentage
                                                           R                      R                  Change
 Revenue                                              11 587                 11 587                       -
 Operating loss                                  (3 611 240)             (3 901 177)                   7.4%
 Headline loss per share                              (0.72)                  (0.95)                  24.2%
 Loss per share                                       (0.72)                  (0.95)                  24.2%
 Dividend                                                 -                       -                       -
 Net asset value per share                            (4.39)                  (2.99)                (46.8)%

Short-Form Announcement
The short-form announcement is the responsibility of the Board of Directors of Visual and is only an extract
of the information contained in the unaudited condensed consolidated results for the six months ended
31 August 2022. The short-form announcement is the responsibility of the Directors and is only a summary
of information set out in the full announcement which is available on the Company’s website
(www.visualinternational.co.za). This announcement does not contain full or complete details and any
investment decisions by investors and/or shareholders should be based on consideration of the published
SENS announcement available on:

https://senspdf.jse.co.za/documents/2022/JSE/ISSE/VIS/VISIR22.PDF

https://visualinternational.co.za/investorrelations/SENS

Copies     of     the    full  announcement        may be   requested    from   the   Company
(leeanne@visualinternational.co.za) or inspected at the registered office and/or the Designated
Advisors’ office, at no charge, during office hours.

By order of the Board
Cape Town
2 December 2022

Directors: CK Robertson; R Kadalie; RR Richards*#; CT Vorster*#; LT Matholwa*# Z Mbokazi*#
(* non-executive # independent)
Registered Address: 23 Kleinplaas, Hohenort Street, Stellenberg, 7550 (P.O. Box 3163, Tyger Valley, 7536)
Company Secretary: Light Consulting Proprietary Limited
Transfer Secretaries: JSE Investor Services Proprietary Limited, 13th Floor, 19 Ameshoff Street,
Braamfontein, 2017
Designated Advisor: AcaciaCap Advisors Proprietary Limited
Website: www.visualinternational.co.za

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 02-12-2022 11:45:00
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