REG - Public Policy Hldg - Clarification of Vesting of LTIP Awards

Public Policy HoldingAnnouncement

06/06/2024 15:00

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RNS Number : 4686R  Public Policy Holding Company, Inc.  06 June 2024

Public Policy Holding Company, Inc.

 

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

 

Clarification of Vesting of LTIP Awards

 

Public Policy Holding Company (AIM: PPHC), the government relations and public
affairs group providing clients with a fully integrated and comprehensive
range of services, announces a clarification of the term "vesting" used in
respect of its LTIP awards.

 

As stated by the Company in prior announcements and in its Admission Document
at the time of its IPO, the issue of common shares and certain LTIP awards,
such as restricted stock awards ("RSAs") may be subject to "vesting"
conditions.

 

These vesting conditions typically relate to the holders' of the awards
continued employment with the Group and, to the extent that such condition
does not continue to be satisfied then the common shares represented by the
unvested RSAs will not vest and will be forfeited and clawed back by the
Company.

 

These vesting conditions form part of the terms of the award made to each
holder and are not a restriction on the rights attaching to the common shares
themselves, or the shareholders thereafter,  which remain freely
transferable.

 

 

For further information contact:

 

 Public Policy Holding Company, Inc.            +1 (202) 688 0020

 Stewart Hall, CEO                              enquiries@pphcompany.com (mailto:enquiries@pphcompany.com)

 Roel Smits, CFO

 Thomas Gensemer, Chief Strategy Officer

 Stifel (Nominated Adviser & Joint Broker)      +44 (0) 20 7710 7600

 Fred Walsh, Ben Good

 Zeus Capital (Joint Broker)                    +44 (0) 20 3829 5000

 Alice Lane, David Foreman

 Buchanan Communications (Media Enquiries)      +44 (0) 20 7466 5000

 Chris Lane, Toto Berger                        pphc@buchanan.uk.com (mailto: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 (http://www.pphcompany.com/) .

 

 

 

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