Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Public Policy Holding Co., Inc. ( (GB:PPHC) ) has shared an announcement.
Public Policy Holding Company, Inc. has announced the repayment of a term note with its shareholder AG Holdings, Inc., formerly known as The Alpine Group, Inc. The $532,451.25 outstanding on the loan, originally secured for tax purposes during PPHC’s IPO, was repaid through the transfer of 316,779 common shares from Alpine to PPHC. Following this transaction, these shares will be canceled, reducing the total voting share capital. This transaction is classified as a related party transaction under AIM rules, with the company’s directors affirming its fairness and reasonableness for shareholders.
More about Public Policy Holding Co., Inc.
Public Policy Holding Company, Inc. (PPHC) is a US-based government relations and public affairs group that provides a wide array of services such as government and public relations, research, and digital advocacy campaigns. Founded in 2014, the company caters to approximately 1,200 clients across various sectors including healthcare, financial services, energy, and technology. PPHC operates through a holding company structure with ten operating entities in the US and UK, focusing on both organic and acquisitive growth to enhance its capabilities and enter new markets.
YTD Price Performance: -1.46%
Average Trading Volume: 38,889
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £162.1M
Find detailed analytics on PPHC stock on TipRanks’ Stock Analysis page.
