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

Release Date: 27/03/2020 09:15
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
(Approved as a REIT by the JSE)
(“Fortress” or “the company”)


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY

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

Name of director:                             Ian Vorster
Transaction date:                             24 March 2020
Class of securities:                          Fortress A ordinary shares
Number of securities:                         15 700
Price per security:                           R11.00
Total value:                                  R172 700.00
Nature of transaction:                        On-market purchase
Nature and extent of director’s interest:     Direct beneficial
Clearance to deal received:                   Yes

Name of director:                             Ian Vorster
Transaction date:                             24 March 2020
Class of securities:                          Fortress B ordinary shares
Number of securities:                         99 400
Price per security:                           R2.35
Total value:                                  R233 590.00
Nature of transaction:                        On-market purchase
Nature and extent of director’s interest:     Direct beneficial
Clearance to deal received:                   Yes

Name of director:                             Ian Vorster
Transaction date:                             25 March 2020
Class of securities:                          Fortress B ordinary shares
Number of securities:                         50 000
Price per security:                           R1.75
Total value:                                  R87 500.00
Nature of transaction:                        On-market purchase
Nature and extent of director’s interest:     Direct beneficial
Clearance to deal received:                   Yes

27 March 2020


Lead sponsor                                             
Java Capital  

Joint sponsor  
Nedbank Corporate and Investment Banking
                                         
Date: 27-03-2020 09:15:00
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