Hambro Perks Acquisition Company Ltd Suspension of listing of Public Shares
02 May 2023 - 4:45PM
UK Regulatory
TIDMHPA1
FOR IMMEDIATE RELEASE.
2 May 2023
Hambro Perks Acquisition Company Limited
Suspension of listing of Public Shares
Hambro Perks Acquisition Company Limited (LSE: HPA1) ("HPAC" or the "Company"),
a special purpose acquisition company formed to focus on a Business
Combination, provides the following update in relation to its Annual Report and
Financial Statements for its financial year ended 31 December 2022 (the "2022
Annual Report").
As stipulated by DTR 4.1.3R, the Company was required to publish its audited
Annual Report by 30 April 2023. However, following the decision by the board of
the Company to cease operations and redeem its class A ordinary shares of no
par value (the "Public Shares") as announced on 24 April 2023, the Company will
need more time to update its financial statements to reflect the impact of the
proposed liquidation on the going concern basis and viability statement within
the financial statements. The Company's auditors will then need time to
complete necessary audit procedures. The Company is discussing the revised
timetable for the completion and publication of the 2022 Annual Report in light
of its forthcoming redemption of the Public Shares and proposed cancellation of
the listing of the Public Shares and the Company's public warrants ("Public
Warrants") as announced on 24 April 2023.
Following consultation with the FCA, the Company has requested that the listing
of the Public Shares and the Public Warrants be suspended with effect from 7.30
a.m. on 2 May 2023 pending publication of the 2022 Annual Report.
Notwithstanding the suspension of trading in the Company's ordinary shares, the
Company will continue to make announcements as and when there are any
developments that require announcement in accordance with its obligations under
the Listing Rules, the UK Market Abuse Regulation and the Disclosure Guidance
and Transparency Rules.
Enquiries
Hambro Perks Acquisition Company Limited peter@hambroperks.com
Peter Soliman, Company Secretary
FTI Consulting (Financial PR advisor to HPAC)
Charles Palmer +44 (0) 7976 743 360
Kit Dunford +44 (0) 7717 417 038
Notes to Editors
The person responsible for arranging for the release of this announcement on
behalf of HPAC is Peter Soliman, Company Secretary.
The LEI of HPAC is 2138002WGRFJRKBEVT75.
About HPAC
For further information on HPAC, please see www.hpac.uk.
END
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