FORTRESS REIT LIMITED - Dealings in securities by directors of the company

Dealings in securities by directors 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 DIRECTORS OF THE COMPANY


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

Name of director:                                                    Steven Brown
Transaction date:                                                    2 December 2020
Class of securities:                                                 Fortress A ordinary shares
Number of securities:                                                4 000
Price per security:                                                  R12.86
Total value:                                                         R51 440.00
Nature of transaction:                                               On-market purchase
Nature and extent of director’s interest:                            Direct beneficial
Clearance to deal received:                                          Yes

Name of director:                                                    Steven Brown
Transaction date:                                                    2 December 2020
Class of securities:                                                 Fortress B ordinary shares
Number of securities:                                                270 000
Highest traded price per security on the market on the day:          R2.42
Weighted average price per security:                                 R2.39880
Lowest traded price per security on the market on the day:           R2.24
Total value:                                                         R647 676.00
Nature of transaction:                                               On-market purchase
Nature and extent of director’s interest:                            Direct beneficial
Clearance to deal received:                                          Yes

Name of director:                                                    Ian Vorster
Transaction date:                                                    3 December 2020
Class of securities:                                                 Fortress B ordinary shares
Number of securities:                                                166 689
Highest traded price per security on the market on the day:          R2.45
Weighted average price per security:                                 R2.40243
Lowest traded price per security on the market on the day:           R2.31
Total value:                                                         R400 458.65
Nature of transaction:                                               On-market purchase
Nature and extent of director’s interest:                            Direct beneficial
Clearance to deal received:                                          Yes

4 December 2020


Lead sponsor
Java Capital

Joint sponsor
Nedbank Corporate and Investment Banking

Date: 04-12-2020 12:42:00
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