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Dealings in Securities by the Designated Advisor and an Approved Executive of the Designated Advisor

Published: 2022-01-14 07:15:00 ET
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Visual International Holdings Limited (JSE:VIS) News - Dealings in Securities by the Designated Advisor and an Approved Executive of the Designated Advisor

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”)


DEALINGS IN SECURITIES BY THE DESIGNATED ADVISOR AND AN APPROVED EXECUTIVE OF
THE DESIGNATED ADVISOR


In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
Johannesburg Stock Exchange, shareholders are advised that shares in Visual held by the
Designated Advisor (“DA”) to Visual, AcaciaCap Advisors Proprietary Limited
(“AcaciaCap”) have been distributed in terms of a share repurchase agreement signed on
10 October 2018 (“SRA”) and as a distribution in-specie. The following is advised:

Name of DA:                           AcaciaCap
Name of company:                      Visual
Date of transaction:                  13 January 2022
Class of securities:                  Ordinary shares
Number of securities:                 496 003
Price per share:                      2 cents per share
Total value of transaction:           R9 920.06
Nature of transaction:                Part consideration in terms of the SRA
Nature of interest:                   Direct beneficial
Extent of interest:                   0.12%
How traded:                           Off market
Clearance obtained:                   Yes

It is noted that the Visual shares could not be distributed at the time due to the Company
being in a closed or prohibited period.

Name of DA:                           AcaciaCap
Name of company:                      Visual
Date of transaction:                  13 January 2022
Class of securities:                  Ordinary shares
Number of securities:                 1 411 702
Price per share:                      6 cents per share
Total value of transaction:           R84 702.12
Nature of transaction:                Dividend in-specie
Nature of interest:                   Indirect beneficial
Extent of interest:                   0.35%
How traded:                           Off market
Clearance obtained:                   Yes

Name of Approved Executive:           MJ Krastanov
Name of company:                      Approved Executive of AcaciaCap
Date of transaction:                  13 January 2022
Class of securities:                  Ordinary shares
Number of securities:                 1 411 702
Price per share:                      6 cents per share
Total value of transaction:           R84 702.12
Nature of transaction:                Dividend received
Nature of interest:                   Direct beneficial
Extent of interest:                   0.35%
How traded:                           Off market
Clearance obtained:                   Yes

The shares received by MJ Krastanov have simultaneously been nominated at the same
share price to associates of MJ Krastanov, being MV Krastanov (811 702 shares), AM
Krastanov (300 000 shares) and MM Krastanov (300 000 shares), resulting in MJ Krastanov not
holding any shares in Visual.

By order of the board
Johannesburg
14 January 2022

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 14-01-2022 09:15:00
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