TIDMPPHC
RNS Number : 8985O
Public Policy Holding Company, Inc.
06 October 2023
6 October 2023
Public Policy Holding Company, Inc.
(the "Company" and, together with its subsidiaries, "PPHC" or
the "Group")
Restricted Stock Units and Restricted Shares Issuance and
Director/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 the following to certain Directors and 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:
-- Restricted stock units in respect of the Ordinary Shares in the Company ("RSUs"); and
-- Restricted stock shares in the Company which will rank pari
passu with the Ordinary Shares ("RSs").
RSUs
In total 675,000 RSUs have been granted to PDMRs on 3 October
2023 under the Omnibus Plan. The RSUs will vest across a three-year
period from the grant date, split equally each year, and will be
subject to certain acceleration and clawback events tied to
continuation of employment and compliance with various
employment-related agreements.
RSs
In total 382,456 RSs have been granted on 3 October 2023 under
the Omnibus Plan. Of this tranche, 50,000 RSs have been granted to
PDMRs. The RSs issued to PDMRs will vest in one year from the grant
date. The RSs issued to non-PDMRs 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 11
October 2023.
Following this issue of shares, the Company's total issued and
voting share capital upon admission will consist of 113,465,473
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 RSUs by Directors and PDMRs are set
out below:
Director / PDMR No. of RSUs previously held No. of RSUs granted Resultant interest in RSUs
William Chess (Executive Director) - 100,000 100,000
Thomas Gensemer (PDMR) - 100,000 100,000
Stewart Hall (Executive Director) - 100,000 100,000
Jill Kendrick (PDMR) - 100,000 100,000
Neal Strum (PDMR) - 100,000 100,000
Roel Smits (Executive Director) - 100,000 100,000
Ron Starzman (PDMR) - 50,000 50,000
Paula Thrasher (PDMR) - 25,000 25,000
The resultant holdings of RSs by Directors and PDMRs are set out
below:
Director / PDMR No. of RSs previously held No. of RSs granted Resultant interest in RSs
Sarah Wills (PDMR) - 50,000 50,000
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
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: William Chess
------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
b) Position/Status: Executive Director
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 100,000
----------
Total 100,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Thomas Gensemer
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 100,000
----------
Total 100,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Stewart Hall
------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
b) Position/Status: Executive Director
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 100,000
----------
Total 100,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Jill Kendrick
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 100,000
----------
Total 100,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Neal Strum
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 100,000
----------
Total 100,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Roel Smits
------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
b) Position/Status: Executive Director
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 100,000
----------
Total 100,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Ron Starzman
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 50,000
----------
Total 50,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Paula Thrasher
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Units under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 25,000
----------
Total 25,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Sarah Wills
------------------------------------ ---------------------------------
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 Common shares of $0.001 par
instrument, type of value
Identification Code ISIN: US7444301094
------------------------------------ ---------------------------------
g) Nature of the transaction: Award of Restricted Stock
Shares under Omnibus Plan
scheme
------------------------------------ ---------------------------------
h) Price(s) and volume(s): Price(s) Volume(s)
124.5 pence 50,000
----------
Total 50,000
----------
------------------------------------ ---------------------------------
i) Aggregated information:
* Aggregated volume N/A single transaction
N/A single transaction
* Price
------------------------------------ ---------------------------------
j) Date of the transaction: 3 October 2023
------------------------------------ ---------------------------------
k) Place of the transaction: Off market transaction
------------------------------------ ---------------------------------
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