REG - Public Policy Hldg - Restricted Shares Issuance & Director Dealing
21/05/2024 07:00
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RNS Number : 1886P Public Policy Holding Company, Inc. 21 May 2024
Public Policy Holding Company, Inc.
("PPHC", the "Group" or the "Company")
Restricted Shares Issuance and Director/PDMR Dealing
Public Policy Holding Company, Inc., the government relations and public
affairs group providing clients with a fully integrated and comprehensive
range of services, announces that it has granted restricted stock shares
("RSs") in the Company, which will rank pari passu with its existing Common
Shares, to a broad range of its current employee base, including certain
Directors and senior employees ("PDMRs") 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 638,877 RSs have been granted on 16 May 2024 under the Omnibus Plan.
Of this tranche, 255,545 RSs have been granted to PDMRs (including Executive
Directors and other senior management). The RSs will vest on 16 May 2025 and
will be subject to certain acceleration and clawback events tied to
continuation of employment and compliance with various employment-related
agreements.
Application will be made for the new RSs, 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 28 May 2024.
Following this issue of shares, the Company's total issued and voting share
capital upon admission will consist of 118,317,132 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.
Related Party Transaction
As directors of the Company, Stewart Hall, William Chess, Roel Smits and
Keenan Austin Reed are deemed to be related parties under the AIM Rules for
Companies (the "AIM Rules") and, as such, the award of the RSs outlined below
to both Messrs. Hall, Chess and Smits and Ms. Austin constitutes a related
party transaction for the purposes of Rule 13 of the AIM Rules.
The Directors of the Group (excluding Messrs. Hall, Chess, and Smits and Ms.
Austin) consider, having consulted with Stifel, the Company's nominated
adviser, that the terms of the transaction are fair and reasonable insofar as
its shareholders are concerned.
Director / PDMR No. of RSs previously held No. of RSs granted Resultant interest in RSs
Stewart Hall (Executive Director) 0 25,365 25,365
William Chess (Executive Director) 0 17,438 17,438
Roel Smits (Executive Director) 0 13,475 13,475
Jill Kendrick (PDMR) 0 12,682 12,682
Neal Strum (PDMR) 0 14,268 14,268
Thomas Gensemer (PDMR) 0 11,097 11,097
Ron Starzman (PDMR) 0 10,304 10,304
Paula Thrasher (PDMR) 0 3,171 3,171
Sarah Wills (PDMR) 0 5,152 5,152
Matthew Lapinski (PDMR) 0 15,717 15,717
Dan Tate, Jr. (PDMR) 0 31,706 31,706
Keenan Austin (Executive Director) 177,447 31,523 208,970
Rhoderick Shaw (PDMR) 362,009 15,415 377,424
Les Spivey (PDMR) 362,009 15,415 377,424
Erik Smith (PDMR) 0 32,817 32,817
Enquiries
Public Policy Holding Company Inc. +1 (202) 688 0020
Stewart Hall, CEO
Roel Smits, CFO
Stifel (Nominated Adviser & Broker) +44 (0) 20 7710 7600
Fred Walsh, Harry Hodkinson
Buchanan Communications (Media Enquiries) +44 (0) 20 7466 5000
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 1200 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 nine operating
entities comprising Crossroads Strategies, Forbes Tate Partners, Seven Letter,
O'Neill & Associates, Alpine Group Partners, KP Public Affairs, MultiState
Associates, Concordant Advisory and Lucus Public Affairs. 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/) .
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Stewart Hall
2 Reason for the notification
b) Position/Status: Chief Executive Officer
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 25,365
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: William Chess
2 Reason for the notification
b) Position/Status: Chief Administrative Officer
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 17,438
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Roel Smits
2 Reason for the notification
b) Position/Status: Chief Financial Officer
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 13,475
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
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: Chief Operating Officer
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 12,682
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
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: Chief Legal Officer
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 14,268
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
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: Chief Strategy Officer
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 11,097
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Ron Starzman
2 Reason for the notification
b) Position/Status: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 10,304
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Paula Thrasher
2 Reason for the notification
b) Position/Status: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 3,171
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Sarah Wills
2 Reason for the notification
b) Position/Status: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 5,152
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
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: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 15,717
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Dan Tate, Jr.
2 Reason for the notification
b) Position/Status: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 31,706
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Keenan Austin
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 31,523
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Rhoderick Shaw
2 Reason for the notification
b) Position/Status: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 15,415
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Les Spivey
2 Reason for the notification
b) Position/Status: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 15,415
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Erik Smith
2 Reason for the notification
b) Position/Status: PDMR
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 Restricted Stock Shares under Omnibus Plan scheme
h) Price(s) and volume(s): Price(s) Volume(s)
125.04 pence 32,817
i) Aggregated information:
· Aggregated volume N/A single transaction
· Price N/A single transaction
j) Date of the transaction: 16 May 2024
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:
16 May 2024
k)
Place of the transaction:
Off market transaction
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