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Renewal of Cautionary - Specific Issue of shares for Cash to ZigZag SA Inv 1 Ltd & AM Assoc The David Worth Group
VISUAL INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/030975/06)
(“Visual” or “the Company”)
ISIN Code: ZAE000187407 Share Code: VIS
RENEWAL OF CAUTIONARY ANNOUNCEMENT: SPECIFIC ISSUE OF SHARES FOR CASH TO
ZIGZAG SA INVESTMENTS 1 LIMITED ("ZIGZAG") AND AM ASSOCIATES THE DAVID WORTH
GROUP ("AM ASSOCIATES")
Shareholders are referred to the previous renewal of cautionary announcements, the last
of which was published on SENS on 28 May 2019, and are hereby advised that the due
diligence process undertaken by Zigzag and AM Associates is nearing completion. A new
agreement is expected to be signed on similar terms as previously announced.
Accordingly, shareholders are advised to continue to exercise caution when dealing in their
Visual securities until a full announcement is made.
Shareholders are further advised that, further to the announcement published on SENS on
1 July 2019 regarding the suspension of the listing of Visual’s securities by the JSE, the
Company’s audit will need to be completed in relation to annual financial statements for
the year ended 28 February 2019. The Company will apply to the JSE for the lifting of the
suspension as soon as the results have been published and the Annual Report has been
finalised. A further announcement in this regard will be made in due course.
Cape Town
10 July 2019
Designated Advisor
Arbor Capital Sponsors Proprietary Limited
Date: 10/07/2019 12:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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