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FORTRESS REIT LIMITED - Webinar - frequently asked questions and discussion regarding the firm intention announcement
2022/06/23 14:10:00Download PDF Stock report
Webinar - frequently asked questions and discussion regarding the firm intention announcement 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') WEBINAR - FREQUENTLY ASKED QUESTIONS AND DISCUSSION REGARDING THE FIRM INTENTION ANNOUNCEMENT Shareholders are referred to the SENS announcement released by Fortress on 20 June 2022 (the 'Firm Intention Announcement'), wherein the Company advised that the board of directors of Fortress (the 'Board') intends to make an offer to exchange Fortress A shares for new Fortress B shares (the 'Share Exchange'). Fortress and its advisors have prepared a webinar addressing some of the frequently asked questions received from shareholders about the proposal, explaining the complexity and inflexibility of the current dual share structure and expanding on the benefits of a single share structure. The webinar can be found on the Fortress website under Webcasts and also by following the following link: https://youtu.be/2b6rjFrclsc. 23 June 2022 Lead sponsor Joint sponsor Java Capital Nedbank Corporate and Investment Banking, (a division of Nedbank Limited) Date: 23-06-2022 02:10:00 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.