Restricted Shares Issuance and PDMR Dealing

Public Policy Holding Company, Inc.
01 November 2023
 

1 November 2023

 

Public Policy Holding Company, Inc.

 

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

 

Restricted Shares Issuance and PDMR Dealing

 

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"), to certain 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:

 

RSs

 

In total 1,629,041 RSs have been granted on 31 October 2023 under the Omnibus Plan. Of this tranche, 724,018 RSs have been granted to PDMRs. 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 7 November 2023.

 

Following this issue of shares, the Company's total issued and voting share capital upon admission will consist of 115,094,514 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 and a broad range of employees through equity-based awards, further aligning the interests of employee shareholders with PPHC's core mission and objectives.

 

The resultant holdings of RSs by PDMRs are set out below:

Director / PDMR

No. of RSs previously held

No. of RSs granted

Resultant interest in RSs


Rhoderick Shaw (PDMR)

-

362,009

362,009

Lawrence Spivey (PDMR)

-

362,009

362,009

                                             

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

 

 

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

 

 Identification Code

 

Common shares of $0.001 par value

 

ISIN: US7444301094

g)

Nature of the transaction:

Award of Restricted Shares under Omnibus Plan scheme

h)

Price(s) and volume(s):

 

 

 

 

 Price(s)

Volume(s)

1.135 pence

362,009

i)

Aggregated information:

·    Aggregated volume

·    Price


 

N/A single transaction

N/A single transaction

j)

Date of the transaction:

31 October 2023

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:

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

 

 Identification Code

 

Common shares of $0.001 par value

 

ISIN: US7444301094

g)

Nature of the transaction:

Award of Restricted Shares under Omnibus Plan scheme

h)

Price(s) and volume(s):

 

 

 

 

 Price(s)

Volume(s)

1.135 pence

362,009

i)

Aggregated information:

·    Aggregated volume

·    Price

 

N/A single transaction

N/A single transaction

j)

Date of the transaction:

31 October 2023

k)

Place of the transaction:

Off market transaction

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100