Grant of Warrants
Warrants granted to Non-Executive Chairman to subscribe for 293,251 ordinary shares at 50.5p, expiring February 2027.
- Warrant exercise price 50.5 pence per share
- Number of warrants granted 293,251
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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.
| a) | Name | Hercules Site Services plc |
| b) | LEI | 213800P7Z6MXNSM4OQ50 |
| 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 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.