Restricted Shares Issuance

Public Policy Holding Company, Inc.
04 December 2023
 

4 December 2023

 

Public Policy Holding Company, Inc.

 

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

 

Restricted Shares Issuance

 

Public Policy Holding Company, Inc., the leading government relations and public affairs group of companies providing a comprehensive range of advisory services, announces that it has granted restricted stock shares in the Company which will rank pari passu with the Ordinary Shares ("RSs"),  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 177,447 RSs have been granted on 1 December 2023 under the Omnibus Plan. The RSs will vest across a five-year period from the grant date, split equally each year. All RSs 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 8 December  2023.

 

Following this issue of shares, the Company's total issued and voting share capital upon admission will consist of 115,271,961 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.

 

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 through equity-based awards, further aligning the interests of employee shareholders with PPHC's core mission and objectives.

 

                             

For further information contact:

 

Public Policy Holding Company, Inc.

Stewart Hall, CEO

Roel Smits, CFO

Thomas Gensemer, Chief Strategy Officer

+1 (202) 688 0020

inquiries@pphcompany.com

 

Stifel (Nominated Adviser & Broker)

Fred Walsh, Tom Marsh

 

+44 (0) 20 7710 7600

 

Buchanan Communications (Media Enquiries)

Chris Lane, Toto Berger

 

+44 (0) 20 7466 5000

pphc@buchanan.uk.com

 

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 approximately 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 eight operating entities comprising Crossroads Strategies, Forbes Tate Partners, Seven Letter, O'Neill & Associates, Alpine Group Partners, KP Public Affairs, MultiState Associates and Concordant. 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.

 

 

 

 

 

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