REG - Hercules Site Svcs - Grant of Options

Hercules Site ServicesAnnouncement

14/02/2024 14:00

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RNS Number : 1658D  Hercules Site Services PLC  14 February 2024

14 February 2024

 

 Hercules Site Services plc

("Hercules" or "the Company")

 

Grant of Options

 

Hercules Site Services plc (AIM: HERC), a leading technology enabled labour
supply company for the UK infrastructure sector, announces that options
("Options") to subscribe for a total of 493,250 ordinary shares of 0.1 pence
each in the Company ("Ordinary Shares") were granted on 13 February 2024 to
certain employees of the Company.

 

The Options vest on 4 February 2027 and have an exercise price of 35.43 pence
each, exercisable over the 2 years to 3 February 2029.

 

Granting of Options to PDMRs

 

As part of this grant of Options, certain persons discharging managerial
responsibility ("PDMRs") of the Company have received Options as follows:

 

 Name            Position                    Number of Options granted  Total number of share options following this grant
 Julie Davis     Group Financial Controller  117,300                    117,300
 Wayne Phillips  Compliance Director         50,000                     225,950

 

 

For further information and enquiries, please contact:

 

 Hercules Site Services plc                                                             c/o SEC Newgate

 Brusk Korkmaz (CEO)

 Paul Wheatcroft (CFO)

 SP Angel (Nominated Adviser and Joint Broker)                                     +44 (0) 20 3470 0470

 Matthew Johnson / Adam Cowl / Harry Davies-Ball (Corporate Finance)

 Grant Barker / Rob Rees (Sales and Broking)

 Cavendish Securities plc (Joint Broker)                                           +44 (0) 20 7397 8900

 Adrian Hadden / Charlie Combe / Dale Bellis (Sales and Broking)

 SEC Newgate (Financial Communications)                                           +44 (0) 20 3757 6882

 Elisabeth Cowell / Ian Silvera / Matthew Elliott                      Hercules@secnewgate.co.uk (mailto:Hercules@secnewgate.co.uk)

About Hercules Site Services PLC

 

Hercules is a leading tech enabled labour supply company for the UK
infrastructure sector. Founded in 2008, Hercules has an established track
record of profitability and fast-growth and has built a blue-chip customer
base which includes Balfour Beatty, Costain, Kier, Skanska, Dyer & Butler
and Volker Fitzpatrick. The Company has been appointed to provide labour for a
range of high-profile infrastructure projects, such as HS2, due to its agile,
innovative, digital first approach and complete service offering. It is
well-placed to benefit from any government increase in infrastructure spending
and its experienced management team has identified multiple opportunities for
growth.

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1)    Julie Davis

                                                                   2)    Wayne Philips
 2    Reason for the notification

 a)   Position/status                                              1)    Group Financial Controller

                                                                   2)    Compliance Director
 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 £0.001 each

      Identification code                                          ISIN: GB00BPVBVZ82

 b)   Nature of the transaction                                    Grant of share options

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     35.43p            117,300

                                                                                     35.43p            50,000

 d)   Aggregated information

      - Aggregated volume                                          N/A - Single transaction

      - Price

 e)   Date of the transaction                                      13 February 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

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