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Dealings in securities by directors 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 DIRECTORS OF THE COMPANY
Shareholders and noteholders are advised of the following information relating to dealings in securities by
directors of Fortress:
Name of director: Steven Brown
Transaction date: 12 March 2021
Class of securities: Fortress B ordinary shares
Number of securities: 186 500
Highest traded price per security on the market on the day: R3.00
Weighted average price per security: R2.94554
Lowest traded price per security on the market on the day: R2.82
Total value: R549 344.00
Nature of transaction: On-market purchase
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Steven Brown
Transaction date: 15 March 2021
Class of securities: Fortress B ordinary shares
Number of securities: 170 000
Highest traded price per security on the market on the day: R3.00
Weighted average price per security: R2.98588
Lowest traded price per security on the market on the day: R2.83
Total value: R507 600.00
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: 15 March 2021
Class of securities: Fortress B ordinary shares
Number of securities: 23 901
Price per security: 2.98
Total value: R71 224.98
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: 16 March 2021
Class of securities: Fortress B ordinary shares
Number of securities: 231 500
Highest traded price per security on the market on the day: R3.00
Weighted average price per security: R2.89767
Lowest traded price per security on the market on the day: R2.80
Total value: R670 810.00
Nature of transaction: On-market purchase
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
17 March 2021
Lead sponsor
Java Capital
Joint sponsor
Nedbank Corporate and Investment Banking
Debt Sponsor
Rand Merchant Bank
(a division of First Rand Bank Limited)
Date: 17-03-2021 03:20:00
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