Locked content Herkules recommends raising 2017 dividend

Herkules management proposed to raise 2017 dividend with additional amounts from the company’s supplementary capital. The management recommended dividend payment of PLN 0.45 per share or PLN 19.5 million in total. Higher dividend proposal is related to the favorable situation in the constructi...

Locked content Herkules’ Trinac bid unsuccessful

WSE-listed construction services firm Herkules offer to buy the Polish unit of German peer Trinac did not get any response from the owner, the company said in a market filing. The offer, €10 million for 10 percent stake was valid through September 20. Back in September, Hercules completed the due di...

Locked content Herkules offers to buy Trinac Polska

Herkules finished due diligence process and offered to buy 100 percent stake in Trinac Polska. According to the offer document, Herkules proposed a price of €10 million. The payment was offered in two installments. The first installment of €9.5 million should be paid upon signing the purchase-sale a...

Locked content Herkules buys back 1 mln shares

Herkules shareholders submitted sale offers for a total of 31,511,415 shares of the company, Herkules informed in a statement on Friday. The company planned to buy up to one million of its own shares. It made a proportional reduction and settled agreements for one million shares, which account for 2...