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

Release Date: 06/09/2018 15:30
Code(s): FFB FFA FIFB10 FIFB09 FIFB12 FIFB11 FIFB14 FIFB15 FIFB08     PDF:  
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Dealing in securities by an associate of a director of the company

(previously Fortress Income Fund 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")


Shareholders are referred to the announcement released on SENS on 8 May 2018 relating to dealings in
Fortress B ordinary shares by directors, associates of directors and the company secretary of Fortress, pursuant to the
distribution by Resilient REIT Limited ("Resilient") of 169 981 600 B ordinary shares in Fortress in the ratio of
0,4 Fortress B ordinary shares for every Resilient share held at the close of trade on Friday, 4 May 2018 and are
advised of the following additional dealing in securities by an associate of a director of Fortress:

Name of associate:                                 Morulat Property Investments 1 (Pty) Ltd ("Morulat")
Name of director and relationship to director:     Mark Stevens, who is a trustee and beneficiary of the MWS
                                                   Investment Trust, which owns 50% of Sakhisizwe Holdings (Pty)
                                                   Ltd, which owns 100% of Morulat
Transaction date:                                  4 May 2018
Class of securities:                               Fortress B ordinary shares
Number of securities:                              180
Price per security:                                R15.78
Total value:                                       R2 840.40
Nature of transaction:                             Off-market acquisition in terms of the distribution by Resilient
Nature and extent of director’s interest:          Indirect beneficial
Clearance to deal received:                        Fortress B ordinary shares were acquired in terms of the
                                                   distribution by Resilient and accordingly no clearance to deal was
                                                   sought or received

6 September 2018

Lead sponsor
Java Capital

Joint sponsor
Nedbank Corporate and Investment Banking

Date: 06/09/2018 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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