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

Release Date: 12/09/2019 17:05
Wrap Text
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:                                10 September 2019
Class of securities:                             Fortress B ordinary shares
Number of securities:                            15 000
Highest traded price for the day:                R10.38
Weighted average price per security:             R10.25300
Lowest traded price for the day:                 R10.22
Total value of transaction:                      R153 795.00
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:                                11 September 2019
Class of securities:                             Fortress B ordinary shares
Number of securities:                            77 677
Price per security:                              R10.30
Total value of transaction:                      R800 073.10
Nature of transaction:                           On-market purchase
Nature and extent of director's interest:        Indirect beneficial
Clearance to deal received:                      Yes


12 September 2019


Lead sponsor
Java Capital

Joint sponsor
Nedbank Corporate and Investment Banking

Date: 12/09/2019 05:05:00
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