11 February 2025
Hercules Site Services plc
("Hercules" or the "Company")
Grant of Warrants
Hercules Site Services plc (AIM: HERC), a leading technology enabled labour supply company for the UK infrastructure and construction sectors, announces that it has granted warrants to Henry Pitman, Non-Executive Chairman of the Company, to subscribe for 293,251 new ordinary shares in the Company at an exercise price of 50.5 pence each (the "Warrants"). The Warrants are exercisable from grant and will expire on 4 February 2027.
The number of warrants and the exercise price are identical to the warrants that were granted to Mr Pitman on the Company's admission to AIM on 4 February 2022 which expired on 4 February 2025.
For further information and enquiries, please contact:
| Hercules Site Services plc Brusk Korkmaz (CEO) Paul Wheatcroft (CFO) | c/o SEC Newgate |
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|
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| SP Angel (Nominated Adviser and Joint Broker) Matthew Johnson / Adam Cowl / Charlie Bouverat (Corporate Finance) Grant Barker / Rob Rees (Sales and Broking)
| +44 (0) 20 3470 0470 |
| Cavendish Capital Markets Limited (Joint Broker) Adrian Hadden / Charlie Combe / George Budd (Sales and Broking)
| +44 (0) 20 7397 8900
|
| SEC Newgate (Financial Communications) Elisabeth Cowell / Ian Silvera / Matthew Elliott | +44 (0) 20 3757 6882 Hercules@secnewgate.co.uk |
Additional Information
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name | Henry Pitman | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status | Non-Executive Chairman
| |||
| b)
| Initial notification /Amendment | Initial Notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name | Hercules Site Services plc | |||
| b)
| LEI | 213800P7Z6MXNSM4OQ50 | |||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||
| a)
| Description of the financial instrument, type of instrument | Ordinary Shares of 0.1p each | |||
| | | ||||
| Identification code | ISIN: GB00BPVBVZ82 | ||||
| | | ||||
| b)
| Nature of the transaction | Grant of warrants | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 50.5p
| 293,251 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A - Single transaction | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 11 February 2025 | |||
| f)
| Place of the transaction
| Off market | |||
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