REG - Public Policy Hldg - Option Issuance and Director/PDMR Dealing

Public Policy HoldingAnnouncement

18/05/2022 07:00

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RNS Number : 8584L  Public Policy Holding Company, Inc.  18 May 2022

18 May 2022

 

Public Policy Holding Company, Inc.

 

(the "Company" and, together with its subsidiaries, "PPHC" or the "Group")

 

Option Issuance and Director/PDMR Dealing

 

PPHC, a leading bi-partisan, full-service US government affairs business,
announces that it has granted options over shares of Common Stock, par value
$0.001 per share (the "Ordinary Shares") in the Company (the "Options") to a
broad range of its current employee base, including certain Directors and
senior employees ("PDMR"s) of the Company, under PPHC's 2021 Omnibus Incentive
Plan ("Omnibus Plan") that was adopted in connection with the Group's
admission to AIM in December 2021.

In total 2,685,004 Options have been granted on 17 May 2022 as part of an
initial tranche of 2,705,852 Options under the Omnibus Plan. Of this first
tranche, 648,446 Options have been granted to PDMRs (including Executive
Directors and other senior management). The Options will vest in full in three
years from the grant date and will be subject to certain acceleration and
clawback events tied to continuation of employment and compliance with various
employment-related agreements. The Options will have an exercise price of 177
pence per Ordinary Share, being 120% of the closing price on the grant date,
17 May 2022.

 

As set out in the Group's Admission Document, PPHC strives to attract and
retain high quality staff in order to best serve its clients. These Omnibus
Plan awards are being made in order to incentivise senior management and a
broad range of employees through equity-based awards, further aligning
interests of employee shareholders with PPHC's core mission and objectives.
The resultant holdings of Options by Directors and PDMRs are set out below:

 

 Director / PDMR                        No. of Options previously held  No. of Options granted  Resultant interest in Options
 Stewart Hall (Executive Director)      0                               50,000                  50,000
 William Chess (Executive Director)     0                               50,000                  50,000
 Zachary Williams (Executive Director)  0                               24,026                  24,026
 Jill Kendrick (PDMR)                   0                               50,000                  50,000
 Thomas Gensemer (PDMR)                 0                               100,000                 100,000
 Neal Strum (PDMR)                      0                               100,000                 100,000
 Johnson Green (PDMR)                   0                               36,850                  36,850
 Jeffrey Forbes (PDMR)                  0                               24,026                  24,026
 Daniel Tate (PDMR)                     0                               24,026                  24,026
 Mathew Lapinski (PDMR)                 0                               44,750                  44,750
 James G. Means (PDMR)                  0                               25,149                  25,149
 Rhoderick M. Shaw (PDMR)               0                               73,932                  73,932
 Lawrence Spivey (PDMR)                 0                               45,687                  45,687

 Enquiries

 

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

 Stewart Hall, CEO

 William Chess, CFO

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

 Fred Walsh

 Tom Marsh

 Ross Poulley

 Instinctif Partners                      +44 (0) 20 7457 2020

 Tim Linacre                              pphc@instinctif.com

 Rozi Morris

 Guy Scarborough

 

About PPHC

PPHC is a leading bi-partisan, full-service US government affairs business. It
operates a portfolio of independent firms offering public affairs, crisis
management, lobbying and advocacy services on behalf of corporate, trade
association and non-profit client organisations. Clients engage the Group to
enhance and defend their reputations, advance policy goals, manage regulatory
risk, or otherwise engage with US federal and state-level policy makers,
stakeholders, media, and directly to the public at large.

Since its inception in 2014, the Group acquired and integrated eight
businesses, now operating as five separate, independent companies, focused at
the federal government level in the US and with expanding reach into key US
states and metropolitan areas. The five operating entities which form the
operating subsidiaries of the Group are Crossroads Strategies LLC, Forbes Tate
Partners LLC, Seven Letter, O'Neill & Associates and Alpine Group Partners
LLC.

 

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

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Stewart Hall, CEO
 2   Reason for the notification
 b)  Position/Status:                                  Executive Director
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   50,000
                                                       Total       50,000

 i)  Aggregated information:

     ·      Aggregated volume                          N/A single transaction

     ·      Price                                      N/A single transaction

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



 

N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             William Chess, CFO
 2   Reason for the notification
 b)  Position/Status:                                  Executive Director
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   50,000
                                                       Total       50,000

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Zachary Williams
 2   Reason for the notification
 b)  Position/Status:                                  Executive Director
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   24,026
                                                       Total       24,026

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Jill Kendrick
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   50,000
                                                       Total       50,000

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Thomas Gensemer
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   100,000
                                                       Total       100,000

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Neal Strum
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   100,000
                                                       Total       100,000

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Johnson Green
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   36,850
                                                       Total       36,850

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Jeffrey Forbes
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   24,026
                                                       Total       24,026

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Daniel Tate
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   24,026
                                                       Total       24,026

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Mathew Lapinski
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   44,750
                                                       Total       44,750

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             James G. Means
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   25,149
                                                       Total       25,149

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Rhoderick M. Shaw
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   73,932
                                                       Total       73,932

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                             Lawrence Spivey
 2   Reason for the notification
 b)  Position/Status:                                  Senior Management
 c)  Initial notification/Amendment:                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 d)  Name:                                             Public Policy Holding Company, Inc.
 e)  LEI:                                              2138008Z7B1IXVVJAZ79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 f)  Description of the financial instrument, type of  Common shares of $0.001 par value

      Identification Code                              ISIN: US7444301094

 g)  Nature of the transaction:                        Award of Options under PPHC Omnibus Plan scheme
 h)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 177 pence   45,687
                                                       Total       45,687

 i)  Aggregated information:                           N/A single transaction

     ·      Aggregated volume                          N/A single transaction

     ·      Price

     
 j)  Date of the transaction:                          2022-05-17
 k)  Place of the transaction:                         Off market transaction

i)

Aggregated information:

·      Aggregated volume

·      Price



N/A single transaction

N/A single transaction

j)

Date of the transaction:

2022-05-17

k)

Place of the transaction:

Off market transaction

 

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