FORTRESS REIT LIMITED - Dealings in securities by a director of the company

Dealings 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”)


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by 
a director of Fortress:

Name of director:                                             Donnovan Pydigadu
Transaction date:                                             19 November 2020
Class of securities:                                          Fortress A ordinary shares
Number of securities:                                         71 895
Highest traded price per security on the market on the day:   R12.73
Weighted average price per security:                          R12.60207
Lowest traded price per security on the market on the day:    R12.52
Total value:                                                  R906 025.91
Nature of transaction:                                        On-market sale
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

Name of director:                                             Donnovan Pydigadu
Transaction date:                                             19 November 2020
Class of securities:                                          Fortress B ordinary shares
Number of securities:                                         38 095
Highest traded price per security on the market on the day:   R2.27
Weighted average price per security:                          R2.23421
Lowest traded price per security on the market on the day:    R2.17
Total value:                                                  R85 112.33
Nature of transaction:                                        On-market sale
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

23 November 2020


Lead sponsor
Java Capital

Joint sponsor
Nedbank Corporate and Investment Banking

Date: 23-11-2020 02:40:00
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