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.
Stewart Hall, CEO
Roel Smits, CFO
Thomas Gensemer, Chief Strategy
Officer
|
+1 (202) 688 0020
enquiries@pphcompany.com
|
|
Stifel (Nominated Adviser & Joint
Broker)
Fred Walsh, Ben Good
Zeus
Capital (Joint Broker)
Alice Lane, David Foreman
|
+44 (0) 20 7710 7600
+44 (0) 20 3829 5000
|
|
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 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.