Hercules PrimaryBid offer

Hercules Site Services hopes to raise up to £5.5m of new money through a placing and PrimaryBid offer in order to benefit from the growing infrastructure investment in the UK. Existing shareholders also want to raise £4.5m from share disposals.

Labour supply company Hercules Site Services was established in 2008 and it is currently owned by Hercules Real Estate Ltd, where chief executive Brusk Korkmaz and Nicola Korkmaz.

There is expected to be £650bn of infrastructure investment over the next decade and it can be difficult to obtain people with the right skills. Staff turnover is relat...

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