TIDMPPHC
RNS Number : 2332M
Public Policy Holding Company, Inc.
13 September 2023
13 September 2023
Public Policy Holding Company, Inc.
("PPHC", the "Company" or the "Group")
Board Appointment & Removal of Reg-S restrictions
Public Policy Holding Company, Inc., the leading government
relations and public affairs group of companies providing a
comprehensive range of advisory services, is pleased to announce
that, further to its announcement of 3 July 2023, Roel Smits (Chief
Financial Officer), will join the Group's Board of Directors with
immediate effect.
Removal of Reg-S restrictions from shares of common stock
To facilitate compliance with United States securities laws,
depositary receipts representing shares of PPHC Common Stock listed
on AIM under the symbol "PPHC" have been subject to a prohibition
on transfers to United States persons who are not qualified
institutional buyers (the "AIM Transfer Restrictions"). The Board
has approved the removal of the AIM Transfer Restrictions, subject
to the Board's power to reinstate such restrictions at any time at
its discretion. The Board expects this to enhance the liquidity in
the trading of PPHC's common shares and allow investors who may
previously have had difficulty in dealing to deal more easily.
PPHC anticipates that the removal of the AIM Transfer
Restrictions will become effective in the coming weeks and further
announcements will be made as appropriate.
Simon Lee, Chairman of PPHC, commented:
"I am pleased to announce the formal appointment of Roel Smits
to PPHC's Board. The Group's seven-person Board provides PPHC with
deep expertise and is very well placed to drive PPHC's ongoing
growth in the years ahead.
"Although trading in PPHC's shares has been possible on a few
trading platforms since IPO, we have received requests from
potential shareholders to ensure that trading is possible on
certain global trading platforms. We believe that the lifting of
the Reg-S restrictions will enable this to occur and will therefore
support trading liquidity."
Regulatory disclosure - The following disclosures are made in
accordance with Schedule 2(g) of the AIM Rules for Companies:
Roeland Jozef Bernard Smits, aged 53, holds 155,000 ordinary
shares, 100,000 options and 93,896 restricted shares in the
Company. Roel Smits' current and previous directorships are as
follows:
Current Directorships Previous Directorships (last
5 years)
Kantar LLC
Competitive Media Reporting,
LLC
Kantar Consulting LLC
Kantar Health LLC
NFO Asia-Pacific, Inc.
PERQ/HCI, LLC
Kantar Canada, Inc.
Lightspeed LLC
Lightspeed Research B.V.
------------------------------
Save for the disclosures above, there are no further disclosures
to be made in accordance with Rule 17 and Schedule 2(g) of the AIM
Rules.
Enquiries
Public Policy Holding Company Inc.
Stewart Hall, CEO
Roel Smits, CFO
Thomas Gensemer, Chief Strategy Officer +1 (202) 688 0020
Stifel (Nominated Adviser & Broker)
Fred Walsh, Tom Marsh +44 (0) 20 7710 7600
Buchanan Communications (Media Enquiries) +44 (0) 20 7466 5000
Chris Lane, Toto Berger 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
over 1000 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 .
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END
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