Hercules Site Services Plc (GB:HERC) has released an update.
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Hercules Site Services Plc, a UK-based labor supply company focusing on infrastructure, has announced a fundraising initiative to secure £8 million through new share issuances while also planning a £3 million share sale by the CEO’s firm. The proceeds are aimed at expanding the company’s growth and acquisition strategy within the infrastructure sector. The fundraising and secondary sale will slightly reduce the CEO’s ownership, aligning long-term interests with shareholders.
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