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Director dealings: Hercules CEO snaps up shares

(Sharecast News) - Hercules revealed on Friday that chief executive Brusk Korkmaz had acquired 100,000 ordinary shares in the AIM-listed infrastructure and construction services group. Korkmaz, who snapped up the shares in two separate transactions, purchased the shares at an average price of 39.75p each, for a total price of £39,750.

Following the transaction, Korkmaz holds a beneficial interest in 18.27m ordinary Hercules shares, representing approximately 23.68% of the company's issued share capital.

As of 1540 BST, Hercules shares were up 3.95% at 40.02p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Hercules (HERC) Director name: Korkmaz,Brusk Kivilcim Amount purchased: 70,000 @ 40.50p Value: £28,350.00

Henry Boot (BOOT) Director name: Sibley,Earl Amount purchased: 10,000 @ 154.00p Value: £15,400.00

Hercules (HERC) Director name: Korkmaz,Brusk Kivilcim Amount purchased: 30,000 @ 38.00p Value: £11,400.00

The Mission Group (TMG) Director name: Collins ,Claudine Amount purchased: 51,546 @ 19.39p Value: £9,994.77

Team (TEAM) Director name: Cusins,John Amount purchased: 32,258 @ 15.50p Value: £4,999.99

Top Director Sells

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.