Hambro Perks Acquisition Company Ltd Suspension of listing of Public Shares

 
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       [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 02, 2023 02:45 ET (06:45 GMT)