VISUAL INTERNATIONAL HOLDINGS LIMITED - Renewal of cautionary - Specific issue of shares for cash to Zigzag and AM Associates

Renewal of cautionary - Specific issue of shares for cash to Zigzag and AM Associates

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”)


RENEWAL OF CAUTIONARY - SPECIFIC ISSUE OF SHARES FOR CASH TO ZIGZAG SA
INVESTMENTS 1 LIMITED (“ZIGZAG”) AND AM ASSOCIATES THE DAVIDWORTH GROUP
PROPRIETARY LIMITED (“AM ASSOCIATES”)


Shareholders are referred to the previous announcement published on SENS dated 10 April
2019 and are hereby advised that discussions with Zigzag and AM Associates are ongoing.
A new agreement is expected to be signed on similar terms as previously announced. The
Company has not pursued discussions with the second interested investor.

Accordingly, shareholders are advised to continue to exercise caution when dealing in their
Visual securities until a full announcement is made.

Cape Town
28 May 2019

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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