Enhanced Investments - Financial Portal

Trading Statement for the Six Months Ended 31 August 2021

Published: 2021-11-09 06:45:00 ET

Visual International Holdings Limited (JSE:VIS) News - Trading Statement for the Six Months Ended 31 August 2021

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 SIX MONTHS ENDED 31 AUGUST 2021

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
period ended 31 August 2021 the basic loss and headline loss will be (0.95) cents per share,
being a deterioration of 121% compared to the basic loss and headline loss of (0.43) cents per
share reported for the period ended 31 August 2020. This decline is primarily related to higher
operating costs incurred around the audit and regularisation of the Company, leading up to
the lifting of the suspension during the period under review.

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

CAPE TOWN
9 November 2021

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 09-11-2021 08:45:00
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329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.