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TRP121: Notification of acquisition of beneficial interest in shares

Published: 2026-02-05 15:45:23 ET
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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”)


TRP121: NOTIFICATION OF ACQUISITION OF BENEFICIAL INTEREST IN SHARES


In compliance with section 122(3)(b) of the Companies Act, No 71 of 2008 (the “Companies Act”), regulation
121(2)(b) of the Companies Act Regulations 2011 and paragraph 3.83(b) of the JSE Listings Requirements,
shareholders are advised that Fortress has received notification from Ninety One SA Proprietary Limited (“Ninety
One”) that, upon conclusion of Ninety One’s acquisition of Sanlam Investment Management Proprietary Limited,
Ninety One now holds 5.8133% of Fortress’ B ordinary shares in issue.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with
the Takeover Regulation Panel.

The board of directors of Fortress accepts responsibility that the information contained in this announcement
accurately reflects the information contained in the TRP121.1 form received by the Company from Ninety One
and no information has been omitted which is likely to affect such accuracy.

5 February 2026



 Lead sponsor                                            Debt sponsor and joint equity sponsor

                                                         Nedbank Corporate and Investment Banking, a
                                                         division of Nedbank Limited