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Unaudited Interim Condensed Consolidated Results - 6 Months Ended 31/08/2021 & Renewal of Cautionary Announcement

Published: 2021-11-10 07:00:00 ET
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Visual International Holdings Limited (JSE:VIS) News - Unaudited Interim Condensed Consolidated Results - 6 Months Ended 31/08/2021 & Renewal of Cautionary Announcement

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 SIX MONTHS ENDED
31 AUGUST 2021 AND RENEWAL OF CAUTIOARY ANNOUNCEMENT

Salient Features
Extracted from the unaudited condensed consolidated results for the six months ended
31 August 2021:

                                              31 August           31 August
                                                   2021                2020          Percentage
                                                      R                   R              Change
 Revenue                                         11 587              11 587                   -
 Operating loss                              (3 901 177)         (2 420 261)                (61%)
 Headline loss per share                          (0.95)              (0.43)               (121%)
 Loss per share                                   (0.95)              (0.43)               (121%)
 Dividend                                             -                   -                   -
 Net asset value per share                        (2.99)              (4.35)                  31%

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 2021.

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/2021/JSE/ISSE/VIS/VISIR21.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

10 November 2021
Directors: CK Robertson; R Kadalie; RR Richards*#; CT Vorster*#; LT Matholwa*# N Zuma*; 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: 10-11-2021 09:00:00
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