FORTRESS INCOME FUND LIMITED - Dealings in securities by directors and by associates of directors of Fortress

Dealings in securities by directors and by associates of directors of Fortress

FORTRESS INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes:       FFA    ISIN: ZAE000192787
                       FFB    ISIN: ZAE000192795
(Approved as a REIT by the JSE)
(“Fortress”)


DEALINGS IN SECURITIES BY DIRECTORS AND BY ASSOCIATES OF DIRECTORS OF FORTRESS


Shareholders are advised of the following information relating to dealings in securities by directors and by 
associates of directors of Fortress:

Name of director:                                                 Fareed Wania
Transaction date:                                                 15 September 2016
Class of securities:                                              Fortress A ordinary shares
Number of securities:                                             538 300
Highest traded price per security:*                               R16.22
Weighted average price per security:                              R16.12730
Lowest traded price per security:*                                R15.80
Total value:                                                      R8 681 325.59
Nature of transaction:                                            On-market sale
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 Steven Brown
Transaction date:                                                 15 September 2016
Class of securities:                                              Fortress A ordinary shares
Number of securities:                                             300 000
Highest traded price per security:*                               R16.22
Weighted average price per security:                              R16.12730
Lowest traded price per security:*                                R15.80
Total value:                                                      R4 838 190.00
Nature of transaction:                                            On-market sale
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Yes

Name of associate:                                                Rumae Holdings (Pty) Ltd
Name of director and relationship to director:                    Rual Bornman, who is a trustee and a beneficiary of The Rumae
                                                                  Trust, which owns 100% of Rumae Holdings (Pty) Ltd
Transaction date:                                                 15 September 2016
Class of securities:                                              Fortress A ordinary shares
Number of securities:                                             360 000
Highest traded price per security:*                               R16.22
Weighted average price per security:                              R16.12730
Lowest traded price per security:*                                R15.80
Total value:                                                      R5 805 828.00
Nature of transaction:                                            On-market sale
Nature and extent of director’s interest:                         Indirect beneficial

Name of associate                                                 Jean Avenue Property Investments (Pty) Ltd
Name of director and relationship to director:                    Andrew Teixeira, who is a trustee and beneficiary of the Ida Family
                                                                  Trust, which owns 100% of Jean Avenue Property Investments (Pty)
                                                                  Ltd
Transaction date:                                                 15 September 2016
Class of securities:                                              Fortress A ordinary shares
Number of securities:                                             2 145 500
Highest traded price per security:*                               R16.22
Weighted average price per security:                              R16.12730
Lowest traded price per security:*                                R15.80
Total value:                                                      R34 601 122.15
Nature of transaction:                                            On-market sale
Nature and extent of director’s interest:                         Indirect beneficial

Name of associate                                                 Limit 26 Investments One (Pty) Ltd
Name of director and relationship to director:                    Wiko Serfontein, who is a trustee and beneficiary of Serfontein
                                                                  Familie Trust, which owns 100% of Limit 26 Investments One (Pty)
                                                                  Ltd
Transaction date:                                                 15 September 2016
Class of securities:                                              Fortress A ordinary shares
Number of securities:                                             250 000
Highest traded price per security:*                               R16.22
Weighted average price per security:                              R16.12730
Lowest traded price per security:*                                R15.80
Total value:                                                      R4 031 825.00
Nature of transaction:                                            On-market sale
Nature and extent of director’s interest:                         Indirect beneficial
*Highest and lowest traded prices per security on the market on the day.

20 September 2016


Sponsor
Java Capital
Date: 20/09/2016 03:04:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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