Help Request - Crash

I've installed the newest XenApp and XenDesktop Remote PowerShell SDK 7.18.0.17
.Net Framework 4.6 has been added as feature on my server and the server is patched with the newest v4.7.2
I've copied the program to C:\Program Files\PublishURLContent.
As this is my Template VM for MSC I haven't integrated it into the Citrix Studio in a machine catalog and delivery group yet.
When I try to start is the program simply crashes with the following .NET error (event viewer):

Application: PublishContent.exe
Framework Version: v4.0.30319
Description: The process was terminated due to an unhandled exception.
Exception Info: System.Net.WebException
at System.Net.HttpWebRequest.GetResponse()
at System.ServiceModel.Channels.HttpChannelFactory`1+HttpRequestChannel+HttpChannelRequest[[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089]].WaitForReply(System.TimeSpan)

Exception Info: System.ServiceModel.EndpointNotFoundException

Server stack trace:
at System.ServiceModel.Security.IssuanceTokenProviderBase`1.DoNegotiation(TimeSpan timeout)
at System.ServiceModel.Security.SspiNegotiationTokenProvider.OnOpen(TimeSpan timeout)
at System.ServiceModel.Security.WrapperSecurityCommunicationObject.OnOpen(TimeSpan timeout)
at System.ServiceModel.Channels.CommunicationObject.Open(TimeSpan timeout)
at System.ServiceModel.Security.CommunicationObjectSecurityTokenProvider.Open(TimeSpan timeout)
at System.ServiceModel.Security.SymmetricSecurityProtocol.OnOpen(TimeSpan timeout)
at System.ServiceModel.Security.WrapperSecurityCommunicationObject.OnOpen(TimeSpan timeout)
at System.ServiceModel.Channels.CommunicationObject.Open(TimeSpan timeout)
at System.ServiceModel.Channels.SecurityChannelFactory`1.ClientSecurityChannel`1.OnOpen(TimeSpan timeout)
at System.ServiceModel.Channels.CommunicationObject.Open(TimeSpan timeout)
at System.ServiceModel.Security.SecuritySessionSecurityTokenProvider.DoOperation(SecuritySessionOperation operation, EndpointAddress target, Uri via, SecurityToken currentToken, TimeSpan timeout)
at System.ServiceModel.Security.SecuritySessionSecurityTokenProvider.GetTokenCore(TimeSpan timeout)
at System.IdentityModel.Selectors.SecurityTokenProvider.GetToken(TimeSpan timeout)
at System.ServiceModel.Security.SecuritySessionClientSettings`1.ClientSecuritySessionChannel.OnOpen(TimeSpan timeout)
at System.ServiceModel.Channels.CommunicationObject.Open(TimeSpan timeout)
at System.ServiceModel.Channels.ServiceChannel.OnOpen(TimeSpan timeout)
at System.ServiceModel.Channels.CommunicationObject.Open(TimeSpan timeout)
at System.ServiceModel.Channels.CommunicationObject.Open()
at System.Runtime.Remoting.Proxies.RealProxy.HandleReturnMessage(System.Runtime.Remoting.Messaging.IMessage, System.Runtime.Remoting.Messaging.IMessage)
at System.Runtime.Remoting.Proxies.RealProxy.PrivateInvoke(System.Runtime.Remoting.Proxies.MessageData ByRef, Int32)
at System.ServiceModel.ICommunicationObject.Open()
at Citrix.Broker.Admin.SDK.AdminConnection..ctor(ConnectionSpec)

Exception Info: System.ServiceModel.CommunicationException
at Citrix.Broker.Admin.SDK.AdminConnection..ctor(ConnectionSpec)
at Citrix.Broker.Admin.SDK.AdminConnection.GetAdminConnection(System.String, System.Nullable`1, Boolean, System.String, Boolean)
at Citrix.Broker.Admin.SDK.WCFCmdletBase.BeginProcessing()

Exception Info: Citrix.Broker.Admin.SDK.SdkOperationException
at System.Management.Automation.MshCommandRuntime.ThrowTerminatingError(System.Management.Automation.ErrorRecord)

Exception Info: System.Management.Automation.CmdletInvocationException
at System.Management.Automation.Runspaces.PipelineBase.Invoke(System.Collections.IEnumerable)
at System.Management.Automation.PowerShell+Worker.ConstructPipelineAndDoWork(System.Management.Automation.Runspaces.Runspace, Boolean)
at System.Management.Automation.PowerShell+Worker.CreateRunspaceIfNeededAndDoWork(System.Management.Automation.Runspaces.Runspace, Boolean)
at System.Management.Automation.PowerShell.CoreInvokeHelper[[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089],[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089]](System.Management.Automation.PSDataCollection`1, System.Management.Automation.PSDataCollection`1, System.Management.Automation.PSInvocationSettings)
at System.Management.Automation.PowerShell.CoreInvoke[[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089],[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089]](System.Management.Automation.PSDataCollection`1, System.Management.Automation.PSDataCollection`1, System.Management.Automation.PSInvocationSettings)
at System.Management.Automation.PowerShell.CoreInvoke[[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089]](System.Collections.IEnumerable, System.Management.Automation.PSDataCollection`1, System.Management.Automation.PSInvocationSettings)
at System.Management.Automation.PowerShell.Invoke(System.Collections.IEnumerable, System.Management.Automation.PSInvocationSettings)
at System.Management.Automation.PowerShell.Invoke()
at PublishContent.MainForm.loadDeliveryGroups()
at PublishContent.MainForm..ctor()
at PublishContent.Program.Main()

Is this related to the situation that this Template VM first needs to be integrated into my farm (added into a Machine Catalog & Delivery Group) first for this application to load properly?