NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATION OF SUCH JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE
INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE
REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018
HAMBRO PERKS
ACQUISITION COMPANY LIMITED
(“HPAC”)
30 January 2023
TERMINATION OF DISCUSSIONS BETWEEN
HPAC AND ISTESSO LIMITED (“ISTESSO”)
HPAC (LSE: HPA1), a London
listed special purpose acquisition company, notes the recent press
speculation regarding a possible business combination with
Istesso. HPAC confirms that discussions with Istesso and its
major shareholder have been terminated. An announcement regarding
any potential extension of the deadline to implement a business
combination will be made in due course.
The person responsible for arranging for the release of this
announcement on behalf of HPAC is Peter
Soliman, Company Secretary.
For further information, please contact:
Company Administrator
Ocorian Administration (Guernsey) Limited
hambroperks@ocorian.com
Company Secretary
Peter Soliman
peter@hambroperks.com
Public Relations
FTI Consulting
Charles
Palmer
+44 (0) 7976 743 360
Kit Dunford
+44 (0) 7717 417 038
About HPAC:
Hambro Perks Acquisition Company is a special purpose
acquisition company incorporated as a non-cellular company limited
by shares under the laws of the Island of Guernsey with number
69093 and for the purpose of acquiring a majority (or otherwise
controlling) stake in a company or operating business through a
merger, capital stock exchange, share purchase, asset acquisition,
reorganisation or similar transaction. HPAC intends to focus on
technology-enabled businesses with principal business operations in
the United Kingdom, a member state
of the European Economic Area or Switzerland.