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VISUAL INTERNATIONAL HOLDINGS LIMITED - Short-Form Announcement: Audited Condensed Consolidated Results for the Year Ended 28 February 2023

Release Date: 15/06/2023 16:50
Code(s): VIS     PDF:  
Wrap Text
Short-Form Announcement: Audited Condensed Consolidated Results for the Year Ended 28 February 2023

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 - AUDITED CONDENSED CONSOLIDATED RESULTS FOR THE YEAR
ENDED 28 FEBRUARY 2023

Salient Features
Extracted from the audited condensed consolidated results for the year ended 28 February 2023:

                                              28 February         28 February
                                                     2023                2022         Percentage
                                                        R                   R             Change
 Revenue                                        1 115 347              23 173           4 713,13%
 Operating loss                                (6 578 704)         (7 934 693)             17,09%
 Headline loss per share                       (7 128 100)         (6 179 756)             15,35%
 Loss per share (cents)                             (1.78)              (1.51)             17,88%

Short-Form Announcement
This short-form announcement is the responsibility of the Board of Directors of Visual. It contains
and is only an extract of the information contained in the audited condensed consolidated results
for the year ended 28 February 2023. The short-form announcement is the responsibility of the
Directors and is only a summary of the 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 full published SENS announcement as a whole, which is
available on:

https://senspdf.jse.co.za/documents/2023/JSE/ISSE/VIS/VISAR23.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 of the Company and/or
the Designated Advisors’ office, at no charge, during office hours.

By order of the Board
Cape Town
15 June 2023

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: 15-06-2023 04:50:00
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