Hercules Site Services Announces Director's Share Purchase
Why we think this is neutral
This RNS announcement is a routine regulatory update regarding a director's personal share dealing, which does not have a material financial impact on the business. The transaction appears to be a small increase in the director's shareholding and does not raise any concerns.
Key Points
- Mrs Paula Wheatcroft, a person closely associated with Paul Wheatcroft (the CFO), purchased 19,200 ordinary shares
- The purchase increased the combined beneficial holding of Paul Wheatcroft and his wife to 43,200 ordinary shares, representing 0.05% of the company's issued share capital
Summary
Hercules Site Services Plc (AIM: HERC), a leading technology-enabled labour supply group for the UK infrastructure and construction sectors, has announced that Mrs Paula Wheatcroft, a person closely associated with Paul Wheatcroft (the Chief Financial Officer), has purchased 19,200 ordinary shares at 52p per share. This increased the combined beneficial holding of Paul Wheatcroft and his wife to 43,200 ordinary shares, representing 0.05% of the company's issued share capital.