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Fortress offers B shareholders scrip alternative to final dividend of 90.91 cents per share

PUBT·09/17/2026 14:00:26
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Fortress offers B shareholders scrip alternative to final dividend of 90.91 cents per share
  • Fortress Real Estate Investments declared a final gross cash dividend of 90.91 cents per Fortress B share for the year ended June 30, 2026.
  • Eligible Fortress B shareholders can elect new fully paid-up Fortress B shares in lieu of cash under a capitalisation issue.
  • Reference price set at 2,400 cents per share, implying 3.78792 shares per 100 Fortress B shares on the Oct. 16 record date.
  • Shareholders who do not elect scrip will receive cash by default; fractional entitlements round down with a cash payment for the remainder.
  • If no shareholders elect scrip, the cash payout totals ZAR 1.16 billion; maximum scrip issuance would be 48,485,624 new shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortress Real Estate Investments Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603467), on September 17, 2026, and is solely responsible for the information contained therein.