HERC Hercules Site Services Plc

30 September 2024

Hercules Site Services plc

("Hercules" or the "Company")

Result of General Meeting

Hercules Site Services plc (AIM: HERC), a leading technology enabled labour supply company for the UK infrastructure and construction sectors, is pleased to announce that at the Company's General Meeting (the "GM") held earlier today, all resolutions were duly passed.

The full text of all the resolutions can be found in the Notice of GM, dated 11 September 2024, a copy of which is available on the Company's website. The full GM voting results will be uploaded to Hercules' investor website, https://www.hercules-construction.co.uk/investor-centre/, in due course.

As a result of the passing of the Resolutions, and following Admission, Martin Tedham, Non-Executive Director of Hercules, will be interested in 10,101,010 Ordinary Shares in the Company, representing 12.7 per cent. of the enlarged issued share capital.

Brusk Korkmaz, Chief Executive Officer, commented: "We are delighted to complete this fundraise which ideally positions us to capitalise on the extensive growth opportunities available to us as a leading labour supplier to the UK infrastructure and construction sectors. I would also like welcome Martin Tedham and Ged Mason to the share register who, as highly successful entrepreneurs, have provided a significant endorsement to our company and its growth strategy through their investment."

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for 4,467,215 new Ordinary Shares (the "Conditional Fundraise Shares"), representing 3,352,866 Conditional Placing Shares and 1,114,349 Conditional Subscription Shares to be admitted to trading on AIM, and it is expected that Admission will become effective and trading will commence in the Conditional Fundraise Shares at 8.00 a.m. on or around 2 October 2024.

The Conditional Fundraise Shares will rank pari passu in all respects with the Company's existing Ordinary Shares. Following Admission, the total number of Ordinary Shares in the Company in issue will be 79,619,628. No shares are held in treasury, therefore the total number of voting rights in the Company following Admission will be 79,619,628 ("Total Voting Rights"). The Total Voting Rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Circular, unless the context requires otherwise.

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