Gold bars to be exempt from tariffs, White House clarifies
LONDON - Public Policy Holding Company, Inc. (AIM:PPHC) has awarded a total of 2,805,600 equity incentives to employees, including directors and senior management, according to a statement released Thursday.
The government relations and strategic communications firm granted 312,940 stock options and 2,492,660 restricted stock units (RSUs) under its 2021 Omnibus Incentive Plan, with the awards becoming effective on June 18.
The stock options, which were not granted to any persons discharging managerial responsibilities (PDMRs), will fully vest in three years from June 13, 2025. These options carry an exercise price of 167.4 pence per share, representing 120% of the closing price on the grant date.
Of the RSUs awarded, 571,400 were allocated to executive directors and other senior management. These units will vest equally over a three-year period starting from June 1, 2025. Both the options and RSUs are subject to employment continuation requirements and compliance with various employment agreements.
Executive Director Zachary Williams received 50,000 RSUs, bringing his total holdings to 103,333 units. Chief Executive Officer G. Stewart Hall and Chief Financial Officer Roeland Smits were each granted 61,620 RSUs, resulting in total holdings of 228,286 and 208,286 units respectively.
Other significant recipients included Executive Director Keenan Austin with 71,100 new RSUs and Chief Operating Officer Jill Kendrick with 61,620 units.
The RSUs were priced at 140.5 pence per unit, according to the regulatory filing.
Public Policy Holding Company operates through eleven entities globally, providing government relations, public affairs, and strategic communications services to approximately 1,300 clients across various sectors including healthcare, financial services, energy, and technology.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.