Hercules disputes accusation of disiplinary action.

Hercules Property Services has denied it could face disciplinary action by the London Stock Exchange...

Hercules Property Services has denied it could face disciplinary
action by the London Stock Exchange following the announcement of its
proposed takeover of FMW Group, owners of property insurance brokers
FARR.


Hercules was rumoured to have made the announcement before having all the
subscriptions needed to help fund the £22m acquisition.


Larry Lipman, chairman of Hercules, said: "It's not the case. It was
announced exactly as it should be."


Hercules hopes to complete the takeover in December, with

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