Hambro Perks Acquisition Company Ltd - Termination of discussions between HPAC & Istesso

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

[e-mail]

Company Secretary

Peter Soliman

[e-mail]

Public Relations

FTI Consulting

Charles Palmer                [phone]

Kit Dunford                       [phone]

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.