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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