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Hercules CEO Restructures Family Shareholdings in Major Internal Transfer

Story Highlights
  • Hercules CEO Brusk Korkmaz transferred 17.9 million shares to Nicola Korkmaz for no consideration.
  • Post-transfer, both Brusk and Nicola Korkmaz each control about 22.5% of Hercules’ issued share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hercules CEO Restructures Family Shareholdings in Major Internal Transfer

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An update from Hercules Site Services Plc ( (GB:HERC) ) is now available.

Hercules plc has disclosed an internal transfer of shares involving its chief executive, Brusk Korkmaz, who on 5 January 2026 moved 17,920,845 ordinary shares to Nicola Korkmaz for no consideration. Following the transaction, Korkmaz retains a beneficial interest in 17,920,846 shares, equivalent to 22.5% of the company’s issued share capital, held via Hercules Real Estate Limited, while Novari Holdings Limited, owned by Nicola Korkmaz, now holds a matching 22.5% stake, signalling a redistribution of a significant family-controlled shareholding without altering the overall concentration of insider ownership.

The most recent analyst rating on (GB:HERC) stock is a Hold with a £39.00 price target. To see the full list of analyst forecasts on Hercules Site Services Plc stock, see the GB:HERC Stock Forecast page.

Spark’s Take on GB:HERC Stock

According to Spark, TipRanks’ AI Analyst, GB:HERC is a Neutral.

The overall stock score of 60 reflects the company’s strong revenue growth and improved cash flow management, offset by challenges in profitability and high leverage. Technical indicators suggest a bearish trend, while valuation metrics indicate moderate attractiveness with a decent dividend yield.

To see Spark’s full report on GB:HERC stock, click here.

More about Hercules Site Services Plc

Hercules plc, listed on AIM under the ticker HERC, is a technology-enabled labour supply company serving the UK infrastructure and construction sectors, providing workforce solutions tailored to major projects across these markets.

Average Trading Volume: 101,190

Technical Sentiment Signal: Buy

Current Market Cap: £43.92M

For detailed information about HERC stock, go to TipRanks’ Stock Analysis page.

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