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

Release Date: 31/12/2021 11:05
Wrap Text
Dealings in securities by 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
LEI: 378900FE98E30F24D975
(Approved as a REIT by the JSE)
("Fortress"” or "the company")


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY


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

Name of director:                                                   Steven Brown
Transaction date:                                                   30 December 2021
Class of securities:                                                Fortress A ordinary shares
Number of securities:                                               53 840
Highest traded price per security on the market on the day:         R12.59
Weighted average price per security:                                R12.52652
Lowest traded price per security on the market on the day:          R12.47
Total value:                                                        R674 427.61
Nature of transaction:                                              On-market sale
Nature and extent of director's interest:                           Direct beneficial
Clearance to deal received:                                         Yes

Name of director:                                                   Steven Brown
Transaction date:                                                   30 December 2021
Class of securities:                                                Fortress B ordinary shares
Number of securities:                                               200 000
Highest traded price per security on the market on the day:         R3.23
Weighted average price per security:                                R3.19792
Lowest traded price per security on the market on the day:          R3.14
Total value:                                                        R639 584.59
Nature of transaction:                                              On-market purchase
Nature and extent of director's interest:                           Direct beneficial
Clearance to deal received:                                         Yes

31 December 2021

Lead sponsor                         Joint sponsor                               Debt Sponsor
Java Capital                         Nedbank Corporate and Investment Banking,   Rand Merchant Bank
                                     (a division of Nedbank Limited)             (a division of First Rand Bank Limited)
                                                                                  

Date: 31-12-2021 11:05:00
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