FORTRESS REIT LIMITED - Dealing in securities by an associate of a director of the company
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Dealing 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")
DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY
Shareholders are advised of the following information relating to the dealing 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, which owns 100% of Dusty Gold
Transaction date: 28 May 2019
Class of securities: Fortress A ordinary shares
Number of securities: 8 855 323
Nature of transaction: Off-market, over-the-counter collar over 8 855 323
Fortress A ordinary shares in eight tranches with, in each
case, a put strike price of R17.38 and a call strike price of
R19.54 with weekly expiry dates from 3 May 2021 to
21 June 2021
Nature and extent of director's interest: Indirect beneficial
Clearance to deal received: Yes
29 May 2019
Lead sponsor
Java Capital
Joint sponsor
Nedbank Corporate and Investment Banking
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