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FORTRESS REIT LIMITED - Dealings in securities by an associate of a director of the company

Release Date: 06/09/2019 16:40
 
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Dealings in securities by an associate of a director of the company

FORTRESS REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes:   FFA ISIN: ZAE000248498
                   FFB ISIN: ZAE000248506
Bond company code: FORI
(Approved as a REIT by the JSE)
(“Fortress” or “the company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by an associate of a
director of Fortress:

Name of associate:                               Dusty Gold Investments 4 (Pty) Ltd (“Dusty Gold”)
Name of director and relationship to director:   Mark Stevens, who is a trustee and beneficiary of the
                                                 MWS Investment Trust (“the Trust”), which owns 100%
                                                 of Dusty Gold
Transaction date:                                3 September 2019
Class of securities:                             Fortress B ordinary shares
Number of securities:                            1 960 439
Highest traded price for the day:                R10.81
Weighted average price per security:             R10.2529
Lowest traded price for the day:                 R10.08
Total value of transaction:                      R20 100 185.02
Nature of transaction:                           On-market purchase
Nature and extent of director’s interest:        Indirect beneficial
Clearance to deal received:                      Yes

Name of associate:                               Dusty Gold
Name of director and relationship to director:   Mark Stevens, who is a trustee and beneficiary of the Trust,
                                                 which owns 100% of Dusty Gold
Transaction date:                                4 September 2019
Class of securities:                             Fortress B ordinary shares
Number of securities:                            1 250 000
Highest traded price for the day:                R10.17
Weighted average price per security:             R10.02568
Lowest traded price for the day:                 R9.62
Total value of transaction:                      R12 532 104.38
Nature of transaction:                           On-market purchase
Nature and extent of director’s interest:        Indirect beneficial
Clearance to deal received:                      Yes

Name of associate:                               Dusty Gold
Name of director and relationship to director:   Mark Stevens, who is a trustee and beneficiary of the Trust,
                                                 which owns 100% of Dusty Gold
Transaction date:                                5 September 2019
Class of securities:                             Fortress B ordinary shares
Number of securities:                            1 000 000
Highest traded price for the day:                R10.41
Weighted average price per security:             R10.1483
Lowest traded price for the day:                 R10.07
Total value of transaction:                      R10 148 364.00
Nature of transaction:                           On-market purchase
Nature and extent of director’s interest:        Indirect beneficial
Clearance to deal received:                      Yes

6 September 2019


Lead sponsor
Java Capital
 
Joint sponsor
Nedbank Corporate and Investment Banking

Date: 06/09/2019 04:40:00
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