Notification of Major Holdings

Public Policy Holding Company, Inc.
11 October 2024
 

11 October 2024

Public Policy Holding Company, Inc.

 

("PPHC", the "Group" or the "Company")

 

Notification of Major Holdings

  

Public Policy Holding Company, Inc., the leading government relations and public affairs group providing a comprehensive range of advisory services, has been notified that on 10 October 2024, MSA Legacy Holdings Inc. ("MSA") transferred 913,573 shares to the underlying MSA shareholders for nil consideration. MSA is the successor entity for MultiState Associates, Inc., the state and local government relations specialists acquired by PPHC in March 2023. 

 

The transaction solely represents a change of ownership of the total number of shares held by MSA.

 

Enquiries:

 

Public Policy Holding Company, Inc.

Stewart Hall, CEO

Roel Smits, CFO

 

+1 (202) 688 0020

 

Stifel (Nominated Adviser & Joint Broker)

Fred Walsh, Ben Good, Sarah Wong

 

+44 (0) 20 7710 7600

Zeus (Joint Broker)

David Foreman

 

+44 (0) 20 3829 5000

Canaccord Genuity (Joint Broker)

Simon Bridges, Andrew Potts

+44 (0) 20 7523 8000

 

 

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 US. 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 ten operating entities in the US and UK. 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.

 

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:

Public Policy Holding Company, Inc.

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights


An acquisition or disposal of financial instruments


An event changing the breakdown of voting rights

X

Other (please specify) iii:


3. Details of person subject to the notification obligation iv

Name

MSA Legacy Holdings Inc.

City and country of registered office (if applicable)

Wilmington, DE US

4. Full name of shareholder(s) (if different from 3.) v

Name


City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reached vi:

10 October 2024

6. Date on which issuer notified (DD/MM/YYYY):

10 October 2024

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B) vii

Resulting situation on the date on which threshold was crossed or reached

Below 3%

0

Below 3%

3,104,973

Position of previous notification (if

applicable)

3.41%

0

3.41%

4,018,546

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

US7444301094 (Common Shares)

3,104,973

0

 Below 3%

0











SUBTOTAL 8. A



 

 

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights


















SUBTOTAL 8. B 1



 

 

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

Settlement xii

Number of voting rights

% of voting rights





















 

SUBTOTAL 8.B.2



 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
xiv


Name xv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold





















 

10. In case of proxy voting, please identify:

Name of the proxy holder


The number and % of voting rights held


The date until which the voting rights will be held



11. Additional information xvi


 

Place of completion

United States

Date of completion

10 October 2024

 

 

 

 

 

 

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