FORTRESS INCOME FUND LIMITED - Dealings in securities by a director, associates of directors and the company secretary of Fortress

Release Date: 22/05/2014 15:30
Code(s): FFB FFA FFBN FFAN
 
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Dealings in securities by a director, associates of directors and the company secretary of Fortress

FORTRESS INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes: FFA       ISIN: ZAE000141313
                    FFB    ISIN: ZAE000141321
(Approved as a REIT by the JSE)
(“Fortress”)


DEALINGS IN SECURITIES BY A DIRECTOR, ASSOCIATES OF DIRECTORS AND THE COMPANY
SECRETARY OF FORTRESS


Linked unitholders are advised of the following information relating to the dealings in securities by a director,
associates of directors and the company secretary of Fortress:

 Name of associate:                                     MWS Investment Trust
 Name of director and relationship to director:         Mark Stevens, who is a trustee and beneficiary of MWS
                                                        Investment Trust
 Transaction date:                                      20 May 2014
 Class of securities:                                   Fortress A letters of allocation (JSE share code FFAN)
 Number of securities:                                  927 168
 Price per security:                                    R0.70
 Total value:                                           R649 017.60
 Nature of transaction:                                 On-market sale
 Nature and extent of director’s interest:              Indirect beneficial

 Name of associate:                                     Limit 26 Investments One Proprietary Limited
 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 Proprietary Limited
 Transaction date:                                      20 May 2014
 Class of securities:                                   Fortress A letters of allocation (JSE share code FFAN)
 Number of securities:                                  69 168
 Price per security:                                    R0.70
 Total value:                                           R48 417.60
 Nature of transaction:                                 On-market sale
 Nature and extent of director’s interest:              Indirect beneficial

 Name of director:                                      Jeff Zidel
 Transaction date:                                      21 May 2014
 Class of securities:                                   Fortress A letters of allocation (JSE share code FFAN)
 Number of securities:                                  38 928
 Price per security:                                    R0.71
 Total value:                                           R27 638.88
 Nature of transaction:                                 On-market sale
 Nature and extent of director’s interest:              Direct beneficial
 Clearance to deal received:                            Yes

 Name of associate:                                     Maxtrade Seven Proprietary Limited
 Name of director:                                      Jeff Zidel, who owns 100% of Maxtrade Seven Proprietary
                                                        Limited
 Transaction date:                                      21 May 2014
 Class of securities:                                   Fortress A letters of allocation (JSE share code FFAN)
 Number of securities:                                  10 479
 Price per security:                                    R0.71
 Total value:                                           R7 440.09
 Nature of transaction:                                 On-market sale
 Nature and extent of director’s interest:              Indirect beneficial

 Name of associate:                                     Lynn Zidel
 Name of director:                                      Jeff Zidel
 Relationship to director:                              Wife
 Transaction date:                                      21 May 2014
 Class of securities:                                   Fortress A letters of allocation (JSE share code FFAN)
 Number of securities:                                  10 480
 Price per security:                                    R0.71
 Total value:                                           R7 440.80
 Nature of transaction:                                 On-market sale
 Nature and extent of director’s interest:              Not applicable

 Name of company secretary:                             Bernita Schaper
 Transaction date:                                      21 May 2014
 Class of securities:                                   Fortress A letters of allocation (JSE share code FFAN)
 Number of securities:                                  25 938
 Price per security:                                    R0.71
 Total value:                                           R18 415.98
 Nature of transaction:                                 On-market sale
 Nature and extent of company secretary’s interest:     Direct beneficial
 Clearance to deal received:                            Yes

 Name of company secretary:                             Bernita Schaper
 Transaction date:                                      21 May 2014
 Class of securities:                                   Fortress B letters of allocation (JSE share code FFBN)
 Number of securities:                                  25 938
 Price per security:                                    R0.30
 Total value:                                           R7 781.40
 Nature of transaction:                                 On-market sale
 Nature and extent of company secretary’s interest:     Direct beneficial
 Clearance to deal received:                            Yes

 Name of associate:                                     Eline Serfontein
 Name of director:                                      Wiko Serfontein
 Relationship to director:                              Daughter
 Transaction date:                                      21 May 2014
 Class of securities:                                   Fortress B linked units
 Number of securities:                                  500
 Price per security:                                    R9.37
 Total value:                                           R4 685.00
 Nature of transaction:                                 On-market purchase
 Nature and extent of director’s interest:              Not applicable

 Name of associate:                                     Luan Serfontein
 Name of director:                                      Wiko Serfontein
 Relationship to director:                              Son
 Transaction date:                                      21 May 2014
 Class of securities:                                   Fortress B linked units
 Number of securities:                                  500
 Price per security:                                    R9.37
 Total value:                                           R4 685.00
 Nature of transaction:                                 On-market purchase
 Nature and extent of director’s interest:              Not applicable

22 May 2014


Sponsor
Java Capital

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