Renewal of Cautionary Announcement
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
Shareholders are referred to the detailed cautionary announcement relating to the potential
disposal by Visual International Proprietary Limited, a wholly-owned subsidiary of the Company, of
the property known as Stellendale Junction (‘Stellendale Junction Disposal’), and the further renewal
of cautionary announcement relating to the Company’s negotiations with other parties on various
other transactions, including an equity investment into Visual (‘Other Transactions’), as published on
SENS on 28 December 2018.
The terms of the Stellendale Junction Disposal are still in the process of being finalised. Additionally,
the board of directors continues to consider the terms of the Other Transactions. The aforementioned
transactions may, if successfully concluded, have a material effect on the price of Visual’s securities.
Accordingly, shareholders are advised to continue to exercise caution when dealing in their Visual
securities until a full announcement in respect of the Stellendale Junction Disposal and/or the Other
Transactions is made and the cautionary announcements in these regards are withdrawn.
11 February 2019
Arbor Capital Sponsors Proprietary Limited
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