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Trading Statement for the year ended 28 February 2022

Published: 2022-06-30 15:05:29 ET
<<<  go to JSE:VIS company page
                            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 28 FEBRUARY 2022


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 28 February 2022:

-   the basic loss per share will be (1.51) cents, being an improvement of 26.3% compared to
    the basic loss per share of (2.05) cents reported for the year ended 28 February 2021; and
-   the headline loss per share will be (1.66) cents, being an improvement of 19.02%
    compared to the headline loss per share of (2.05) cents reported for the year ended
    28 February 2021.

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

CAPE TOWN
30 June 2022

                                    Designated Advisor
                            AcaciaCap Advisors Proprietary Limited