|
Dealings in securities by directors and the company secretary
FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share code: FFB
ISIN: ZAE000248506
Bond company code: FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")
DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY
Shareholders and noteholders are advised of the following information in respect of the acceptance of awards by
directors and the company secretary of Fortress in terms of the Company's Conditional Share Plan ("CSP"). The
awards will vest in three years with a vesting date of 30 September 2028, subject to the vesting conditions
contained in the rules of the CSP. Shareholders and noteholders are referred to the Remuneration report included
in the Integrated Report for the financial year ended 30 June 2025 ("FY2025"), which includes details of the
annual CSP awards. The deemed price per security for purposes of accepting the FY2025 CSP awards is R23.30,
being the closing Fortress B ordinary share price on Friday, 31 October 2025:
Name of director: Steven Brown
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 299 061
Deemed price per security: R23.30
Total value: R6 968 121.30
Nature of transaction: Off-market acceptance of shares in terms of the CSP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Ian Vorster
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 186 081
Deemed price per security: R23.30
Total value: R4 335 687.30
Nature of transaction: Off-market acceptance of shares in terms of the CSP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Vuso Majija
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 155 473
Deemed price per security: R23.30
Total value: R3 622 520.90
Nature of transaction: Off-market acceptance of shares in terms of the CSP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of company secretary: Tamlyn Stevens
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 92 513
Deemed price per security: R23.30
Total value: R2 155 552.90
Nature of transaction: Off-market acceptance of shares in terms of the CSP
Nature and extent of company secretary's interest: Direct beneficial
Clearance to deal received: Yes
In addition, shareholders and noteholders are advised of the following information in respect of the acceptance of
matching scheme shares by directors and the company secretary of Fortress in terms of the Company's Matched
Share Scheme ("MSS") for FY2025. The matching scheme shares will vest in three years with a vesting date of
30 September 2028. Shareholders and noteholders are referred to the Remuneration report included in the FY2025
Integrated Report, which includes details of the annual MSS awards. The deemed price per security for purposes
of accepting the FY2025 MSS awards is R23.30, being the closing Fortress B ordinary share price on Friday,
31 October 2025:
Name of director: Steven Brown
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 193 689
Deemed price per security: R23.30
Total value: R4 512 953.70
Nature of transaction: Off-market acceptance of matching shares in terms of the CSP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Ian Vorster
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 152 855
Deemed price per security: R23.30
Total value: R3 561 521.50
Nature of transaction: Off-market acceptance of matching shares in terms of the CSP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Vuso Majija
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 137 428
Deemed price per security: R23.30
Total value: R3 202 072.40
Nature of transaction: Off-market acceptance of matching shares in terms of the CSP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of company secretary: Tamlyn Stevens
Transaction date: 3 November 2025
Class of securities: Fortress B ordinary shares
Number of securities: 62 624
Deemed price per security: R23.30
Total value: R1 459 139.20
Nature of transaction: Off-market acceptance of matching shares in terms of the CSP
Nature and extent of company secretary's interest: Direct beneficial
Clearance to deal received: Yes
4 November 2025
Lead sponsor Debt sponsor and joint equity sponsor
Java Capital Nedbank Corporate and Investment Banking,
a division of Nedbank Limited
Date: 04-11-2025 04:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |
|
