Vesting of RSUs, Director/PDMR Dealing

By

Regulatory News | 01 Nov, 2024

Updated : 07:01

RNS Number : 5760K
Public Policy Holding Company, Inc.
01 November 2024
 

 

 

Public Policy Holding Company, Inc.

 

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

 

Vesting of Restricted Share Units, Director/PDMR Dealing

 

Public Policy Holding Company, Inc., the leading government relations and public affairs group providing a comprehensive range of advisory services, announces that 216,672 Restricted Stock Units ("RSUs") granted to a broad range of its current employee base, including certain Directors and senior employees ("PDMRs") of the Company, have vested in accordance with the terms of the RSUs.

As set out in the announcement dated 6 October 2023, the Company issued RSUs under its Omnibus Incentive Plan ("Omnibus Plan") that was adopted in connection with the Group's admission to AIM in December 2021. 675,000 RSUs were granted to PDMRs (including Executive Directors and other senior management). Of the 216,672 vested RSUs, 191,671 are held by PDMRs (including Executive Directors and other senior management).

Application will be made for 216,672 new Common shares, 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 6 November 2024.

Following this issue of shares, the Company's total issued and voting share capital upon admission will consist of 120,087,982 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.

 

 

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 1,200 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.

 

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 instrument, type of 

  

 Identification Code 

  

Common shares of $0.001 par value 

  

ISIN: US7444301094 

g) 

Nature of the transaction: 

Award of Common Shares under Omnibus Plan scheme announced on 6 October 2023

h) 

Price(s) and volume(s): 

 

 

 

 

Price(s) 

Volume(s) 

131 pence 

33,334

 

i) 

Aggregated information: 

·      Aggregated volume 

·      Price  

·  

 

N/A single transaction 

N/A single transaction 

j) 

Date of the transaction: 

29 October 2024 

k) 

Place of the transaction: 

Off market transaction 

 

 

 

1 

Details of the person discharging managerial responsibilities/person closely associated 

a) 

Name:  

G. 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 instrument, type of 

  

 Identification Code 

  

Common shares of $0.001 par value 

  

ISIN: US7444301094 

g) 

Nature of the transaction: 

Award of Common Shares under Omnibus Plan scheme announced on 6 October 2023

h) 

Price(s) and volume(s): 

 

 

 

 

Price(s) 

Volume(s) 

131 pence 

33,334

 

i) 

Aggregated information: 

·      Aggregated volume 

·      Price  

·  

 

N/A single transaction 

N/A single transaction 

j) 

Date of the transaction: 

29 October 2024 

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:  

Chief Operating Officer

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 Common Shares under Omnibus Plan scheme announced on 6 October 2023

h) 

Price(s) and volume(s): 

 

 

 

 

Price(s) 

Volume(s) 

131 pence 

33,334

 

i) 

Aggregated information: 

·      Aggregated volume 

·      Price  

·  

 

N/A single transaction 

N/A single transaction 

j) 

Date of the transaction: 

29 October 2024 

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 instrument, type of 

  

 Identification Code 

  

Common shares of $0.001 par value 

  

ISIN: US7444301094 

g) 

Nature of the transaction: 

Award of Common Shares under Omnibus Plan scheme announced on 6 October 2023

h) 

Price(s) and volume(s): 

 

 

 

 

Price(s) 

Volume(s) 

131 pence 

33,334

 

i) 

Aggregated information: 

·      Aggregated volume 

·      Price  

·  

 

N/A single transaction 

N/A single transaction 

j) 

Date of the transaction: 

29 October 2024 

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 instrument, type of 

  

 Identification Code 

  

Common shares of $0.001 par value 

  

ISIN: US7444301094 

g) 

Nature of the transaction: 

Award of Common Shares under Omnibus Plan scheme announced on 6 October 2023

h) 

Price(s) and volume(s): 

 

 

 

 

Price(s) 

Volume(s) 

131 pence 

33,334

 

i) 

Aggregated information: 

·      Aggregated volume 

·      Price  

·  

 

N/A single transaction 

N/A single transaction 

j) 

Date of the transaction: 

29 October 2024 

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 instrument, type of 

  

 Identification Code 

  

Common shares of $0.001 par value 

  

ISIN: US7444301094 

g) 

Nature of the transaction: 

Award of Common Shares under Omnibus Plan scheme announced on 6 October 2023

h) 

Price(s) and volume(s): 

 

 

 

 

Price(s) 

Volume(s) 

131 pence 

16,667

 

i) 

Aggregated information: 

·      Aggregated volume 

·      Price  

·  

 

N/A single transaction 

N/A single transaction 

j) 

Date of the transaction: 

29 October 2024 

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:  

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 instrument, type of 

  

 Identification Code 

  

Common shares of $0.001 par value 

  

ISIN: US7444301094 

g) 

Nature of the transaction: 

Award of Common Shares under Omnibus Plan scheme announced on 6 October 2023

h) 

Price(s) and volume(s): 

 

 

 

 

Price(s) 

Volume(s) 

131 pence 

8,334

 

i) 

Aggregated information: 

·      Aggregated volume 

·      Price  

·  

 

N/A single transaction 

N/A single transaction 

j) 

Date of the transaction: 

29 October 2024 

k) 

Place of the transaction: 

Off market transaction 

 

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