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HERC

2.00%
NEUTRAL

Hercules Site Services Plc Grants Warrants to Non-Executive Chairman

Why we think this is neutral

This appears to be a routine regulatory announcement regarding the grant of warrants to the Non-Executive Chairman of Hercules Site Services Plc. The warrants are in line with previous grants and do not indicate any material changes to the company's operations or performance.

Key Points

  • Hercules Site Services Plc grants 293,251 warrants to Non-Executive Chairman Henry Pitman
  • Warrants have an exercise price of 50.5 pence per share and are exercisable until 4 February 2027
  • Warrants are identical to those granted on the company's admission to AIM in 2022, which expired in 2025

Summary

The construction company has granted warrants to its Non-Executive Chairman, aligning his interests with shareholders.

Hercules Site Services Plc, a leading technology-enabled labor supply company for the UK infrastructure and construction sectors, has granted 293,251 warrants to its Non-Executive Chairman, Henry Pitman. The warrants have an exercise price of 50.5 pence per share and are exercisable from grant until 4 February 2027.

Key Dates

11 February 2025
General
Grant of Warrants
Impact Score: 2
DIRECTOR DEALINGS