REG - Public Policy Hldg - Board Appointment & Removal of Reg S restrictions

Public Policy HoldingAnnouncement

13/09/2023 07:15

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RNS Number : 2332M  Public Policy Holding Company, Inc.  13 September 2023

13 September 2023

 

Public Policy Holding Company, Inc.

 

("PPHC", the "Company" or the "Group")

 

Board Appointment & Removal of Reg-S restrictions

 

Public Policy Holding Company, Inc., the leading government relations and
public affairs group of companies providing a comprehensive range of advisory
services, is pleased to announce that, further to its announcement of 3 July
2023, Roel Smits (Chief Financial Officer), will join the Group's Board of
Directors with immediate effect.

 

Removal of Reg-S restrictions from shares of common stock

 

To facilitate compliance with United States securities laws, depositary
receipts representing shares of PPHC Common Stock listed on AIM under the
symbol "PPHC" have been subject to a prohibition on transfers to United States
persons who are not qualified institutional buyers (the "AIM Transfer
Restrictions"). The Board has approved the removal of the AIM Transfer
Restrictions, subject to the Board's power to reinstate such restrictions at
any time at its discretion. The Board expects this to enhance the liquidity in
the trading of PPHC's common shares and allow investors who may previously
have had difficulty in dealing to deal more easily.

 

PPHC anticipates that the removal of the AIM Transfer Restrictions will become
effective in the coming weeks and further announcements will be made as
appropriate.

 

Simon Lee, Chairman of PPHC, commented:

 

"I am pleased to announce the formal appointment of Roel Smits to PPHC's
Board. The Group's seven-person Board provides PPHC with deep expertise and is
very well placed to drive PPHC's ongoing growth in the years ahead.

 

"Although trading in PPHC's shares has been possible on a few trading
platforms since IPO, we have received requests from potential shareholders to
ensure that trading is possible on certain global trading platforms. We
believe that the lifting of the Reg-S restrictions will enable this to occur
and will therefore support trading liquidity."

 

Regulatory disclosure - The following disclosures are made in accordance
with Schedule 2(g) of the AIM Rules for Companies:

 

Roeland Jozef Bernard Smits, aged 53, holds 155,000 ordinary shares, 100,000
options and 93,896 restricted shares in the Company. Roel Smits' current and
previous directorships are as follows:

 

 Current Directorships  Previous Directorships (last 5 years)
                        Kantar LLC

                        Competitive Media Reporting, LLC

                        Kantar Consulting LLC

                        Kantar Health LLC

                        NFO Asia-Pacific, Inc.

                        PERQ/HCI, LLC

                        Kantar Canada, Inc.

                        Lightspeed LLC

                        Lightspeed Research B.V.

 

Save for the disclosures above, there are no further disclosures to be made in
accordance with Rule 17 and Schedule 2(g) of the AIM Rules.

 

 

Enquiries

 

 Public Policy Holding Company Inc.         +1 (202) 688 0020

 Stewart Hall, CEO

 Roel Smits, CFO

 Thomas Gensemer, Chief Strategy Officer

 Stifel (Nominated Adviser & Broker)        +44 (0) 20 7710 7600

 Fred Walsh, Tom Marsh

 Buchanan Communications (Media Enquiries)  +44 (0) 20 7466 5000

                                          pphc@buchanan.uk.com (mailto:pphc@buchanan.uk.com)
 Chris Lane, Toto Berger

 

About PPHC

Incorporated in 2014, PPHC is a US-based government relations and public
affairs group providing clients with a fully integrated and comprehensive
range of services including government and public relations, research, and
digital advocacy campaigns. Engaged by over 1000 clients, including companies,
trade associations and non-governmental organisations, the Group is active in
all major sectors of the U.S. economy, including healthcare and
pharmaceuticals, financial services, energy, technology, telecoms and
transportation. PPHC's services support clients to enhance and defend their
reputations, advance policy goals, manage regulatory risk, and engage with US
federal and state-level policy makers, stakeholders, media, and the public.

 

PPHC operates a holding company structure and currently has seven operating
entities comprising Crossroads Strategies, Forbes Tate Partners, Seven Letter,
O'Neill & Associates, Alpine Group Partners, KP Public Affairs and
MultiState Associates. Operating in the strategic communications market, the
Group has a strong track record of organic and acquisitive growth, the latter
focused on enhancing its capabilities and to establish new verticals, either
within new geographies or new related offerings.

 

For more information, see www.pphcompany.com (http://www.pphcompany.com/) .

 

 

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