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FORTRESS REIT LIMITED - Dealings in securities by directors and by the company secretary of the company

Release Date: 16/10/2020 15:21
Code(s): FFB FFA FIFB15 FIFB19 FIFB14 FIFB16 FIFB17 FIFB18 FIFC35     PDF:  
Wrap Text
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 DIRECTORS AND BY THE COMPANY SECRETARY OF THE COMPANY
Shareholders are advised of the following information relating to the acceptance of award shares, awarded in terms of the rules of the Fortress REIT Limited Conditional Share Plan (?the Plan?), which will vest in three years with a vesting date of 30 September 2023, subject to the vesting conditions contained in the rules of the Plan.
Name of director: Steven Brown
Transaction date: 15 October 2020
Class of securities: Fortress A ordinary shares Number of securities: 414,898 Price per security: R12.61
Total value: R5,231,863.78
Nature of transaction: Off-market acceptance of award shares in terms of the Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes
Name of director: Steven Brown
Transaction date: 15 October 2020
Class of securities: Fortress B ordinary shares Number of securities: 414,898 Price per security: R1.62
Total value: R672,134.76
Nature of transaction: Off-market acceptance of award shares in terms of the Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes
Name of director: Ian Vorster
Transaction date: 15 October 2020
Class of securities: Fortress A ordinary shares Number of securities: 254,462 Price per security: R12.61
Total value: R3,208,765.82
Nature of transaction: Off-market acceptance of award shares in terms of the Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes
Name of director: Ian Vorster
Transaction date: 15 October 2020
Class of securities: Fortress B ordinary shares Number of securities: 254,462 Price per security: R1.62
Total value: R412,228.44
Nature of transaction: Off-market acceptance of award shares in terms of the Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes
Name of director: Donnovan Pydigadu
Transaction date: 15 October 2020
Class of securities: Fortress A ordinary shares Number of securities: 229,016 Price per security: R12.61
Total value: R2,887,891.76
Nature of transaction: Off-market acceptance of award shares in terms of the Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes
Name of director: Donnovan Pydigadu
Transaction date: 15 October 2020
Class of securities: Fortress B ordinary shares Number of securities: 229,016 Price per security: R1.62
Total value: R371,005.92 Nature of transaction:

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