FORTRESS REIT LIMITED - Dealing in securities by a director of the company
Dealing 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”)
DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY
Shareholders and noteholders are advised of the following information relating to the dealing in securities by
a director of Fortress:
Name of director: Steven Brown
Transaction date: 19 March 2021
Class of securities: Fortress B ordinary shares
Number of securities: 507 000
Price per security: R3.00
Total value: R1 521 000.00
Nature of transaction: On-market purchase
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
34 680 Fortress A ordinary shares and 1 168 050 Fortress B ordinary shares have been pledged as security
for a loan of R2 533 521.00, for a term not exceeding 3 years.
26 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: 26-03-2021 02:12:00
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