To view the PDF file, sign up for a MySharenet subscription.

FORTRESS REIT LIMITED - Disposal of shares by the Siyakha Education Trusts

Release Date: 15/02/2018 17:39
Code(s): FFB FFA     PDF:  
Wrap Text
Disposal of shares by the Siyakha Education Trusts

FORTRESS REIT LIMITED
(previously Fortress Income Fund Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes: FFA ISIN: ZAE000248498
                     FFB ISIN: ZAE000248506
(Approved as a REIT by the JSE)
(“Fortress” or “the Company”)



DISPOSAL OF SHARES BY THE SIYAKHA EDUCATION TRUSTS


Fortress has been advised by the Siyakha Education Trusts (“the Trusts”) that they have now completed the sale of
approximately R550 million of Fortress shares through the market in order to provide the Trusts with liquidity and
reduce bank debt. The Trusts are currently compliant with all loan covenants and have no current requirement for
further sales of shares.


15 February 2018


Sponsor
Java Capital

Date: 15/02/2018 05:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story