FORTRESS REIT LIMITED - Dealing in securities by an associate of a director of the company

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

Date: 29/05/2019 11:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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