Hercules plc Non-Executive Director Martin Tedham Boosts Stake with 285,160 Shares Bought at 34.75p

7 min read | July 23, 2026 11:45 AM BST | By Ishan Mudgal

Hercules plc (AIM: HERC), a prominent UK infrastructure and construction services group, has revealed that Non-Executive Director Martin Tedham acquired 285,160 ordinary shares at 34.75 pence each. This transaction, completed on 22 July 2026 via the London Stock Exchange AIM, raises Tedham's beneficial ownership to 10,934,648 shares, equating to 13.57% of the company's issued share capital. Such director share acquisitions are often interpreted by investors as a demonstration of confidence in the company's future outlook and valuation.

Key Points

  • Hercules plc (AIM: HERC) is a leading UK infrastructure and construction services group listed on AIM.
  • Non-Executive Director Martin Tedham purchased 285,160 ordinary shares of 0.1p each on 22 July 2026.
  • The shares were acquired at 34.75 pence each, with the total transaction valued at approximately A399,118.
  • Following the purchase, Tedham's holding increased to 10,934,648 shares, representing 13.57% of issued share capital.
  • The transaction was disclosed in compliance with EU Market Abuse Regulation No. 596/2014.
  • Investors may watch for further director transactions as indicators of management’s views on company valuation.

Martin Tedham Increases Shareholding in Hercules plc with July 2026 Acquisition

Martin Tedham, a Non-Executive Director at Hercules plc, has notably expanded his stake by purchasing 285,160 ordinary shares on 22 July 2026. Each share carries a nominal value of 0.1 pence and was bought at 34.75 pence per share on the London Stock Exchange AIM platform, where Hercules is listed.

Post-transaction, Tedham’s total beneficial interest stands at 10,934,648 ordinary shares, representing 13.57% of the company’s issued share capital. This makes him a substantial shareholder. The disclosure complies with Article 19(3) of the EU Market Abuse Regulation No. 596/2014, which requires directors and persons closely associated with them to report share dealings promptly.

Hercules plc: UK Infrastructure and Construction Services Leader

Hercules plc is a key player in the UK’s infrastructure and construction services sector, trading on AIM under the ticker HERC. The company’s leadership includes CEO Brusk Korkmaz and CFO Paul Wheatcroft, alongside Non-Executive Directors such as Martin Tedham. The sector plays a vital role in national infrastructure development, regional regeneration, and essential service delivery.

Investor relations are managed through SEC Newgate, with SP Angel acting as the company’s Nominated Adviser and Broker, ensuring regulatory compliance and facilitating market communications. This governance framework supports transparency and effective engagement with shareholders.

Share Purchase Executed at 34.75 Pence Per Share on AIM

The acquisition of 285,160 shares by Tedham was completed on 22 July 2026 via the London Stock Exchange AIM market at 34.75 pence per share. The transaction’s gross value was approximately A399,118, excluding any fees. This price reflects the market valuation of Hercules shares at the time and was executed under transparent market conditions.

Purchasing shares on a public exchange ensures fairness and market transparency, with the shares carrying equal voting rights and dividend entitlements as those held by other shareholders. Tedham’s substantial single-transaction purchase highlights a significant personal investment in the company.

Regulatory Disclosure Under EU Market Abuse Regulation

This announcement adheres to the EU Market Abuse Regulation (EUMR) No. 596/2014, mandating disclosure of transactions by directors and related parties in regulated entities. The regulation applies to shares traded on regulated markets including AIM and continues to be observed by UK-listed firms post-Brexit.

The disclosure includes detailed transaction information as required by Article 19(3) of the EUMR, such as the identity and role of the buyer, share quantity, price, date, venue, and resulting ownership percentage. The company’s LEI is 213800P7Z6MXNSM4OQ50 and the ISIN for the ordinary shares is GB00BPVBVZ82, facilitating precise issuer and security identification.

Martin Tedham: Non-Executive Director and Major Shareholder

As a Non-Executive Director, Martin Tedham provides independent oversight and strategic guidance without engaging in daily operations. His increased holding of 10,934,648 shares, representing 13.57% of issued capital, positions him as a significant shareholder aligned with other investors’ interests. This dual role may be viewed positively as it indicates substantial personal capital commitment.

The purchase at 34.75 pence per share could be interpreted as confidence in Hercules’ valuation and prospects, although investors should independently assess the company’s fundamentals before making investment decisions.

Share Capital and Ownership Structure Post-Transaction

Hercules plc’s issued share capital consists of ordinary shares with a nominal value of 0.1 pence each. The transaction involved a transfer of existing shares to Tedham, with no change in total issued shares. Based on Tedham’s 13.57% stake, the total issued share count can be approximated, though exact figures are disclosed in the company’s annual reports.

Each ordinary share confers one vote, giving Tedham corresponding voting power. Details on other major shareholders and broader ownership distribution are typically available via regulatory filings. Tedham’s interests in dividends and capital gains align with those of other ordinary shareholders.

Significance of Director Share Dealings for Market Transparency

Director share transactions are crucial for market transparency, helping to prevent insider trading and providing insight into management’s views on company valuation. Prompt disclosure ensures all market participants receive material information simultaneously.

The structured disclosure of Tedham’s purchase, including price and shareholding impact, allows investors and analysts to evaluate the transaction’s significance. However, such dealings alone do not constitute investment advice and should be considered alongside comprehensive company analysis.

Context of Hercules plc Within the Infrastructure and Construction Sector

Operating in the UK infrastructure and construction sector, Hercules plc is influenced by government investment cycles, regulatory changes, and economic conditions affecting construction demand. The sector encompasses projects related to transport, energy, water, telecommunications, and major buildings, with companies benefiting from long-term infrastructure needs but facing challenges such as cost pressures and supply chain risks.

While this announcement does not detail Hercules’ specific projects or financials, investors can consult the company’s reports and disclosures for comprehensive information. The sector is evolving with sustainability initiatives, digital transformation, labor market shifts, and ESG considerations shaping future operations.

Investor Insights on Director Shareholding Concentration and Governance

Tedham’s increased stake to 13.57% represents a significant concentration of ownership in a single director, which may reflect strong commitment but also raises governance considerations regarding board independence and power balance. Best practices encourage diversified shareholdings among directors to protect minority shareholders.

Details on board composition, other major shareholders, and governance committees are available in the company’s annual report. Tedham’s role as a Non-Executive Director indicates separation from executive management, though specific responsibilities are not detailed here.

Investor Relations and Communication Channels at Hercules plc

Hercules plc maintains open communication with investors, with CEO Brusk Korkmaz and CFO Paul Wheatcroft serving as primary contacts. Financial communications are managed by SEC Newgate, while SP Angel acts as Nominated Adviser and Broker, supporting regulatory compliance and market engagement.

Investors and analysts seeking further information on this director dealing, financial performance, or company outlook are encouraged to reach out via the provided contact details. These professional advisers ensure adherence to market standards and facilitate transparent investor relations.

This article presents factual details regarding the director share acquisition by Hercules plc in line with EU Market Abuse Regulation requirements. It is intended for informational purposes only and does not constitute investment advice or a recommendation to buy, sell, or hold securities. Share values fluctuate, and past performance is not indicative of future results. Readers should conduct independent research, review full company disclosures, and consult qualified financial advisers before making investment decisions. Director share transactions may reflect various factors and do not alone imply investment recommendations. Neither Hercules plc nor its advisers endorse this article’s content.


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