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RNS Number : 0232D Public Policy Holding Company, Inc. 01 April 2025
Public Policy Holding Company, Inc.
("PPHC", the "Company" or the "Group")
Completion of Acquisition, Issue of Shares and TVR
Public Policy Holding Company, Inc. (AIM: PPHC), the leading government
relations, public affairs and strategic communications group, is pleased to
announce the successful completion of its acquisition of TrailRunner
International ("TrailRunner"), a globally recognised Texas-based strategic
communications advisory firm (the "Acquisition").
As detailed in the Company's announcement of 27 January 2025, the Acquisition
marks a significant milestone in PPHC's expansion into the large and
high-value strategic communications market, with TrailRunner being a
foundational part of the Group's offering in this space. TrailRunner brings an
extensive client base spanning multiple industries, with offices across the
U.S., UAE, Shanghai, and London. The Acquisition extends the Group's reach
into key global markets and adds a complementary set of services to PPHC's
existing government relations and public affairs capabilities, fueling growth
within the strategic communications market.
As previously announced, the Acquisition aligns with PPHC's strategy to
enhance its portfolio of high-end advisory services across public affairs,
government relations and strategic communications. TrailRunner's expertise in
reputation and crisis management, financial communications, corporate advisory
and its sports division - TrailRunner Sports - significantly strengthens the
Group's ability to serve all clients navigating today's complex and
interconnected global environment. The combination also enhances cross-selling
opportunities across the Group's client network, deepening relationships and
reinforcing PPHC's position as a trusted partner across both the public and
private sectors.
Stewart Hall, CEO of PPHC, commented:
"This is an important step forward for PPHC. TrailRunner deepens our service
offering in ways that are already opening new doors for our clients and teams.
As we begin Q2 of 2025, we're energised by the strong collaboration already
underway across the Group."
Jim Wilkinson, Chairman of TrailRunner, commented:
"The TrailRunner team is excited to officially join the PPHC family. In the
early days since announcement we have already seen strong momentum in the
cross-selling of our services across the PPHC family of companies, and the
scale and scope of PPHC now allows us to deliver a more broad and diverse
service offering to our growing base of global clients."
Issue of New Common Shares and Total Voting Rights
As part of the initial consideration payable, 2,966,138 New Common Shares are
to be issued to Mr. Jim Wilkinson and certain key employees on closing.
Application will be made for the new Common Shares, which will rank pari
passu with the existing Common Shares in issue, to be admitted to trading on
AIM. Dealings are expected to commence on or around 2 April 2025. Following
this issue of shares, the Company's total issued and voting share capital upon
admission will consist of 122,737,341 Common Shares. This figure may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, securities of the Company.
Enquiries
Public Policy Holding Company, Inc. +1 (202) 688 0020
Stewart Hall, CEO
Roel Smits, CFO
Stifel (Nominated Adviser & Joint Broker) +44 (0) 20 7710 7600
Fred Walsh, Brough Ransom, Ben Good, Sarah Wong
Zeus Capital (Joint Broker) +44 (0) 20 3829 5000
Nick Searle, David Foreman
Canaccord Genuity (Joint Broker) +44 (0) 20 7523 8000
Simon Bridges, Andrew Potts
Burson Buchanan (Media Enquiries) +44 (0) 20 7466 5000
pphc@buchanan.uk.com (mailto:pphc@buchanan.uk.com)
Chris Lane, Toto Berger, Jesse McNab
About PPHC
Incorporated in 2014, PPHC is a global government relations, public affairs
and strategic communications group providing clients with a fully integrated
and comprehensive range of services including government and public relations,
research, and digital advocacy campaigns. Engaged by approximately 1,300
clients, including companies, trade associations and non-governmental
organisations, the Group is active in all major sectors of the 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 federal and state-level policy makers, stakeholders,
media, and the public.
PPHC operates a holding company structure and currently has eleven operating
entities operating globally. 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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