Hambro Perks Acquisition Company Ltd Redemption and Cancellation of Listing - Public Shares

 
TIDMHPA1 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR 
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUE A VIOLATION OF THE 
RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. 
 
FOR IMMEDIATE RELEASE. 
 
9 May 2023 
 
                   Hambro Perks Acquisition Company Limited 
 
                          Redemption of Public Shares 
 
                   Cancellation of listing of Public Shares 
 
Hambro Perks Acquisition Company Limited (LSE: HPA1) ("HPAC" or the "Company"), 
announces that the redemption of its Public Shares (the "Redemption") completed 
today, 9 May 2023. 
 
As explained in the Company's announcement on 24 April 2023, following the 
Redemption, the Board and the Sponsor, as the Company's remaining Shareholder 
in respect of 3,661,996 Sponsor Shares, intend to place the Company into 
voluntary liquidation in accordance with the Articles. 
 
Cancellation of listing of Public Shares 
 
The Company no longer has any Public Shares in issue. Therefore, further to the 
Company's announcement on 24 April 2023 and the suspension of the listing of 
the Public Shares on 2 May 2023, the Company has applied to the Financial 
Conduct Authority (the "FCA") to request that it exercises its discretion under 
DEPP 2.5.11 to remove the Public Shares from the standard listing segment of 
the official list of the FCA (the "Official List"). Accordingly, the Public 
Shares will be removed from the Official List and the admission to trading of 
the Public Shares on the main market for listed securities of the LSE (the " 
Main Market") will be cancelled, in each case with effect from 8:00 a.m. on 
Wednesday, 10 May 2023. 
 
Public Warrants and Sponsor Warrants 
 
As explained in the Company's announcement on 24 April 2023, there will be no 
redemption rights or liquidating distributions with respect to the Public 
Warrants or the Sponsor Warrants, which will automatically expire without value 
upon completion of the liquidation of the Company. 
 
As noted in the Company's announcement on 24 April 2023, and further to the 
suspension of the listing of the Public Warrants on 2 May 2023, the listing of 
the Public Warrants on the Official List and the admission to trading of the 
Public Warrants on the Main Market will be cancelled, in each case with effect 
from 8:00 a.m. on 24 May 2023. 
 
Capitalised terms used but not defined in this announcement have the meanings 
given to them in the announcement by the Company on 24 April 2023. 
 
White & Case LLP and Carey Olsen (Guernsey) LLP are acting as legal advisers to 
HPAC. 
 
  Enquiries 
 
Hambro Perks Acquisition Company Limited       [e-mail] 
Peter Soliman, Company Secretary 
 
FTI Consulting (Financial PR advisor to HPAC) 
Charles Palmer                                 [phone] 
Kit Dunford                                    [phone] 
 
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 
 
 

(END) Dow Jones Newswires

May 09, 2023 08:07 ET (12:07 GMT)