Public Policy Holding Company, Inc. Restricted Shares Issuance (4839V)

TIDMPPHC

RNS Number : 4839V

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.            +1 (202) 688 0020 
  Stewart Hall, CEO                              inquiries@pphcompany.com 
  Roel Smits, CFO 
  Thomas Gensemer, Chief Strategy Officer 
 
   Stifel (Nominated Adviser & Broker)            +44 (0) 20 7710 
   Fred Walsh, Tom Marsh                          7600 
 
   Buchanan Communications (Media Enquiries)      +44 (0) 20 7466 
   Chris Lane, Toto Berger                        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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December 04, 2023 02:00 ET (07:00 GMT)

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