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RNS Number : 5231K Hercules PLC 08 December 2025
8 December 2025
Hercules plc
("Hercules" or the "Company")
New Major Contract Awards in the Water Sector
Hercules plc (AIM: HERC), a leading technology enabled labour supply company
for the UK infrastructure and construction sectors, is pleased to announce
that its Civils Projects division has been awarded a series of new
sub-contract packages from its clients in the UK water sector to start in Q1
FY2026. The new agreements total c.£6.2 million in value and are expected to
be delivered in the next six months.
These clients are delivering crucial upgrades and increased capacity at clean
and wastewater treatment sites across the UK. Hercules will manage and deliver
projects in the following regions:
● c.£4.2 million awarded within the Thames Water region
● c.£2 million awarded within the Anglian Water region
These new agreements follow the announcement on 17 September 2025 of new
contract awards from Hercules' clients in the UK water sector totalling
c.£6.5 million in value over their duration.
All these contracts have been awarded at a time when the UK water sector is
undergoing a significant period of investment and transformation. Ofwat has
committed more than £104 billion to water utility companies during the
current Asset Management Period, AMP8 (2025 - 2030), which began in April this
year. This represents a record level of capital expenditure in the water
sector, focusing on environmental improvements, reducing pollution incidents,
upgrading ageing infrastructure, and increasing resilience to climate change.
Hercules is a strategic supplier to contractors operating within the following
UK water regions: Anglian Water, Thames Water, Southern Water, Severn Trent
Water, Wessex Water, United Utilities, Welsh Water, and Yorkshire Water.
As a result, the Board of Hercules expects to continue to secure additional
contracts and deliver a wide range of projects over the coming years as AMP8
builds momentum.
Commenting on the update, Brusk Korkmaz, CEO of Hercules, said:
"These contract wins across the Thames Water and Anglian Water regions
demonstrate the strength of our position in the UK water sector. With AMP8 now
underway and the industry entering an unprecedented period of investment, our
Civils Projects division is benefitting from the growing demand for our
project delivery expertise.
"The scale of opportunity in the water sector is considerable as the sector's
investment programme accelerates. We are well placed to support our clients as
they upgrade critical water and wastewater infrastructure nationwide and look
forward to building on the positive momentum so far and securing further
contracts."
For further information and enquiries, please contact:
Hercules plc c/o SEC Newgate
Brusk Korkmaz (CEO)
Paul Wheatcroft (CFO)
SP Angel Corporate Finance LLP +44 (0) 20 3470 0470
(Nominated Adviser and Broker)
Matthew Johnson / Adam Cowl (Corporate Finance)
Grant Barker / Rob Rees (Sales and Broking)
SEC Newgate (Financial Communications) +44 (0) 20 3757 6882
Robin Tozer / Ian Silvera / Nina Renata Pop Hercules@secnewgate.co.uk (mailto:Hercules@secnewgate.co.uk)
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