AGM Statement

Summary by AI ^BETAClose X

Hercules plc, an infrastructure and construction services group, provided an AGM statement highlighting significant growth since its 2022 listing, driven by organic expansion and targeted M&A in its Labour Supply and Civil Projects divisions. The company has invested in new IT infrastructure and systems to support this growth and is well-positioned to capitalize on UK infrastructure investment tailwinds, despite some project commencement delays. Hercules expressed confidence in its robust business platform and future prospects.

Disclaimer*

Hercules PLC

23 June 2026

Hercules plc
("Hercules" or the "Company")

AGM Statement

Hercules plc (AIM: HERC), a leading UK infrastructure and construction services group, will hold its Annual General Meeting ("AGM") today at 11.30 a.m. where the Company's Non-Executive Chairman, Henry Pitman, will provide the following statement:

"Hercules has undergone significant growth since listing almost four and a half years ago. We have been agile, executing on exciting new opportunities for our Labour Supply division within the infrastructure industry, while expanding existing relationships with our blue-chip client base to increase contract values. We are a much bigger business then we were in 2022.

"Our increased scale has been achieved organically, and through a series of targeted M&A activities, which has required us to invest in new IT infrastructure, systems and controls over the past 12 months and into H1 2026. While not without its challenges, we are pleased with the progress made on this front and are confident that we have a stronger framework from which to drive future growth and operational efficiency.

"This will serve us well in capitalising on the very positive market tailwinds which continue to create significant opportunities for Hercules. Both our Labour Supply and Civil Projects divisions are well placed to support the very significant, long-term wave of infrastructure investment being experienced across the UK. The acquired businesses are performing as hoped and while there have been some delays in the commencement of some key projects across the business, we are confident that we are well positioned for the future, with a clear plan, a talented team together and a robust and more durable business platform in place."

For further information and enquiries, please contact:

Hercules plc

Brusk Korkmaz (CEO)

Paul Wheatcroft (CFO)

c/o SEC Newgate

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

Matthew Johnson / Adam Cowl (Corporate Finance)

Grant Barker / Rob Rees (Sales and Broking)

+44 (0) 20 3470 0470

SEC Newgate (Financial Communications)

Elisabeth Cowell / Ian Silvera / Darcy Dubell

+44 (0) 20 3757 6882

Hercules@secnewgate.co.uk

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