Public Policy Holding Company Issues New Shares
Why we think this is neutral
This RNS announcement details the issuance of new shares, restricted stock units, and restricted stock shares by Public Policy Holding Company. While it provides information about the company's capital structure, it does not contain any of the mandatory news types that would require a more detailed analysis.
Key Points
- Issued 1,797,831 new Common Shares
- 328,232 shares related to acquisition earn-out payment
- 491,663 RSUs vested for employees and directors
- Granted 977,936 new Restricted Stock shares
Summary
The consulting firm has issued new shares and granted restricted stock units and shares to employees and directors.
Public Policy Holding Company, Inc. has issued 1,797,831 new Common Shares, with 328,232 related to an acquisition earn-out payment and 491,663 vesting under existing Restricted Stock Unit (RSU) grants. The company has also granted 977,936 new Restricted Stock (RS) shares under its 2021 Omnibus Incentive Plan. These new shares will be admitted to trading on AIM.
GENERAL UPDATE