PPHC Announces New $105 Million Senior Secured Credit Facility

(NASDAQ:PPHC) Public Policy Holding Company, Inc. announced it has entered into a new $105 million senior secured credit facility with a U.S. commercial bank. The New Facility consists of a $65 million term loan and a $40 million revolving credit facility at initial closing. The Group intends to seek commitments from additional lenders through a syndication to increase the New Facility to an aggregate $150 million, with syndication anticipated to close in January 2027 on a best-efforts basis. The New Facility may also include an uncommitted accordion option of up to $50 million, subject to lender approval and satisfaction of applicable conditions. Interest on the facility is payable at the Secured Overnight Financing Rate (SOFR) plus a margin of 185 to 230 basis points, determined by the Group’s net leverage ratio. An unused commitment fee of 15 to 25 basis points applies to undrawn revolving commitments, also based on net leverage. Term loan amortization is 5.0% in each of years one and two, 7.5% in each of years three and four, and 10.0% in year five, with the remaining balance due at maturity on November 2, 2031. The revolving credit facility is interest only. The facility is secured by a blanket lien over the Group’s assets and guarantees from substantially all subsidiaries. Proceeds from the New Facility will be used to refinance existing debt, fund acquisitions including an immediate drawdown for the initial cash consideration for the acquisition of Reevemark LLC, and provide additional capacity for working capital and general corporate purposes. The Group’s existing borrowings under credit arrangements first announced on March 1, 2023, and subsequently expanded and amended on April 30, 2024, June 6, 2024, and January 24, 2025, will be repaid and replaced by the New Facility shortly after closing. As of September 30, 2026, approximately $39.8 million was outstanding under the existing facilities. The New Facility consolidates the Group’s borrowings into a single financing structure on more favorable terms, extends the Group’s debt maturity profile, and provides additional capacity to support its growth strategy. The Group intends to maintain a prudent leverage ratio as it combines organic growth with targeted, earnings-accretive M&A. The PPHC Board of Directors considers that access to both debt and equity funding provides appropriate flexibility in capital allocation, including funding acquisitions, deferred consideration, and payment of dividends. Stewart Hall, CEO of PPHC, stated that the new facility strengthens the company’s financial position and provides additional capacity to execute its growth strategy while maintaining a disciplined approach to leverage and capital allocation. B/T Advisory acted as exclusive debt advisor, and Venable LLP acted as legal counsel to the Group. Further details, including the identity of the lender and a copy of the credit agreement, will be set out in a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission.

PPHC Announces Acquisition of Reevemark

(NASDAQ:PPHC) Public Policy Holding Company, Inc. (PPHC) announced the acquisition of Reevemark LLC, a New York-based strategic communications firm specializing in litigation, crisis, brand and reputational issues, restructurings, shareholder activism, and transactions. Reevemark will retain its name and operate as a standalone business within PPHC's TrailRunner International group. The total consideration for the acquisition is up to $80.0 million, consisting of an initial consideration of $28.0 million and a maximum contingent consideration of up to $52.0 million. The initial consideration of $28.0 million is expected to be satisfied on November 2, 2026, partly by issuing 135,744 New Common Shares of $0.001 each at a price of $10.3136 per share to the Sellers, totaling $1.4 million, with the remaining $26.6 million payable in cash, expected to be funded through a new credit facility. The maximum contingent consideration of up to $52.0 million is payable in a mix of cash and equity, contingent on Reevemark achieving approximately 35% compound annual profit growth through 2031. The Sellers are subject to restrictive covenants, and the New Common Shares issued are subject to vesting periods. Reevemark anticipates unaudited net revenues for Full Year 2026 of $11.2 million and anticipated unaudited profit before tax of $3.9 million, after adjusting for PPHC's remuneration policy. Reevemark was founded in 2018 by Brandy Bergman, Hugh Burns, Paul Caminiti, Delia Cannan, and Renée Soto, all of whom are individually ranked in Chambers and Partners guides. The firm recently launched Sentinel, a proprietary agentic AI simulation capability for high-stakes matters. Reevemark adds a team of 17 professionals in New York and a roster of public and private companies, asset managers, and select individuals as clients. The acquisition follows PPHC’s July 2026 acquisition of Tancredi Intelligent Communication Ltd, also under the TrailRunner International umbrella. PPHC serves approximately 1,500 clients and operates across the United States and internationally. Stewart Hall is CEO of PPHC. Brandy Bergman is CEO and Founding Partner of Reevemark. Jim Wilkinson is Executive Chairman of TrailRunner International. GP Bullhound acted as exclusive financial advisor to Reevemark in the transaction. The acquisition completed on November 1, 2026. The credit facility to fund the cash portion of the initial consideration is expected to close later on November 2, 2026, with further details to be announced.

Public Policy Holding Company Inc Di Reg S Cat3 — PPHC Announces Q2 2026 Financial Results

(NASDAQ:PPHC, AIM:PPHC.L) Public Policy Holding Company, Inc. announced Q2 2026 financial results, reporting revenue of $52.1 million, a 7.3% increase over Q2 2025. The company achieved organic revenue growth of 3.9% over Q2 2025 and paid a dividend of $7.0 million in Q2 on 2025 results. GAAP net loss for Q2 2026 was $3.7 million, an improvement of 34.8% compared to $5.7 million in Q2 2025. Adjusted EBITDA for Q2 2026 was $12.3 million at a 23.5% margin, while adjusted net income was $10.6 million, down 11.0% over Q2 2025. The company raised its full-year 2026 revenue guidance to a range of $213 million to $216 million and adjusted EBITDA guidance to a range of $48.5 million to $50.5 million. PPHC completed one acquisition in H1 2026 and two additional acquisitions post-period, expanding its operations and service offerings.

PPHC Strengthens Public Affairs Offering with Hire of Managing Director and Content Specialist

(NASDAQ: PPHC) PPHC announced that Seven Letter, a PPHC member company, has strengthened its New England and Washington, D.C. public affairs offering with the addition of Greg Honan as Managing Director in the firm's Boston office and Esther Lynch as Content Specialist in Washington, D.C. Seven Letter is approaching its 20th anniversary and continues to invest in senior talent. Greg Honan brings more than a decade of experience in politics, communications and media to Seven Letter, including service as Director of Message Planning and Special Assistant to the President at the White House, and as Deputy Chief of Communications for the City of Boston. Seven Letter has been named to the PR News Agency Elite for the last five consecutive years and is a multi-year PR News "Top Places to Work" and PRWeek "Best Place to Work" award winner. PPHC was incorporated in 2014 and is engaged by approximately 1,500 clients, including companies, trade associations and non-governmental organizations. PPHC operates across 18 offices in the United States and internationally, with services including government relations, public affairs and corporate communications, research and analytics, digital advocacy campaigning, and compliance support. The Company's shares are admitted to trading on the Nasdaq Global Market and on AIM, a market operated by the London Stock Exchange, under the ticker symbol "PPHC".

Acquisition of Tancredi

(NASDAQ: PPHC) (AIM: PPHC.L) Public Policy Holding Company, Inc. announced the acquisition of Tancredi Intelligent Communication Ltd for initial consideration of £8.0 million and an aggregate consideration (including deferred consideration) of up to £25.0 million. The acquisition was completed on 1 July 2026, with £800,000 of the initial consideration satisfied by the issuance of 111,948 New Common Shares at a price of $9.42 per Common Share, and the balance of £7.2 million paid in cash. For the year ended 31 December 2025, Tancredi recorded (unaudited) net revenues of £4.3 million and (unaudited) profit before tax of £1.3 million, after adjusting for PPHC's remuneration policy. Tancredi reported net assets of £1.8 million for the year ended 31 December 2025. The acquisition adds a team of 22 colleagues and expands TrailRunner International's presence with offices in Milan and Los Angeles. The company's total issued and voting share capital upon admission will consist of 30,007,237 Common Shares. The company projects that the maximum aggregate consideration of £25 million would be achieved if Tancredi was to realise close to 30% compound annual profit growth through 2030.

PPHC Announces Q1 2026 Financial Results

Public Policy Holding Company, Inc. (PPHC) announced its Q1 2026 financial results, reporting revenue growth of 27.5% over Q1 2025 to $50.1 million and organic revenue growth of 5.1%. Adjusted EBITDA rose 29.7% to $11.2 million at a 22.3% margin, while Adjusted Net Income doubled to $7.4 million. The company completed significant talent additions, closed an acquisition in Q2 2026, and was added to the Russell 2000® and Russell 3000® Indices as of March 23, 2026. Net Debt was reduced to $1.8 million following the U.S. IPO, and PPHC provided 2026 guidance for reported revenue between $205 million and $209 million and Adjusted EBITDA between $46 million and $48 million.

Anemoi International Ltd: Appointment of Spon...

Anemoi International Ltd announced the appointment of Canaccord Genuity Limited as Sponsor for its proposed transfer to the Equity Shares (Commercial Companies) Category of the Official List and as Sole Bookrunner for fundraising activities related to its proposed reverse takeover by the Trasna Group of companies. The Company highlighted Trasna's strong trading performance, with order backlog increasing from US$98 million at the start of the year to US$140 million currently. Anemoi intends to secure advanced subscription funding ahead of the completion of the Transaction to assist in funding Trasna’s growth. This announcement follows a previous update on 14 April 2026 regarding the Transaction. The developments are significant for investors as they indicate progress in the Transaction and potential growth opportunities.

Ceasing to be a Substantial Holder

Berkeley Energia Limited announced that Sprott Inc. and its controlled bodies have ceased to be a substantial holder of the company as of 15 April 2026. Sprott's holding decreased from 37,793,571 ordinary shares (8.48% of issued share capital) to 18,656,020 ordinary shares (4.18% of issued share capital) due to on market trades between 26 August 2025 and 14 April 2026. This change was notified via a Form 605 filing with the Australian Securities Exchange. The announcement is relevant to investors as it signals a significant reduction in a major shareholder's stake.

DI