Issue of shares and total voting rights

RNS Number : 0608H

Public Policy Holding Company, Inc.

04 April 2022

 

4 April 2022

Public Policy Holding Company, Inc.

Issue of shares and total voting rights

Public Policy Holding Company, Inc., ("PPHC", the "Group" or the "Company"), a leading bi-partisan, full-service US government affairs business, announces the issuance of 95,202 new Common Shares of $0.001 each (the "Common Shares") in relation to the acquisition of an existing joint venture, and hiring of the founder and principal of the joint venture, within the Seven Letter subsidiary company.

The shares will be issued to the principal of the joint venture and will be subject to a lock-in agreement with a structured three-year vesting schedule. The acquisition will allow the Group to capture the full revenue and profits associated with the joint venture, which provided exclusive research expertise, strategy, planning, advice and guidance in connection with Seven Letter clients under a professional services agreement.

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 7 April 2022.

Following this issue of shares, the Company's total issued and voting share capital upon admission will consist of 108,329,299 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. Stewart Hall, CEO Bill Chess, CFO	[phone]
Stifel (Nominated Adviser & Broker) Fred Walsh, Tom Marsh, Ross Poulley	[phone]
Instinctif Partners Tim Linacre, Rozi Morris, Guy Scarborough	[phone] [e-mail]

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

 

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