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RNS Number : 6580Q Public Policy Holding Company, Inc. 31 May 2024
Public Policy Holding Company, Inc.
("PPHC", the "Group" or the "Company")
Restricted Shares Issuance
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, 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 64,860 RSs have been granted on 30 May 2024 under the Omnibus Plan.
Of this tranche, no RSs have been granted to PDMRs. 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 6 June 2024.
Following this issue of shares, the Company's total issued and voting share
capital upon admission will consist of 118,381,992 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 & Broker) +44 (0) 20 7710 7600
Fred Walsh, Ben Good
Zeus Capital (Joint Broker) +44 (0) 20 3829 5000
Alice Lane, David Foreman
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 c.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. 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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