Offshore SPACs Listing on the London Stock Exchange

Introduction

The recent announcement of Hambro Perks Acquisition Company Limited’s IPO on the London Stock Exchange (the “LSE”) signifies the first special purpose acquisition company (“SPAC”) to list on the LSE since the changes to the Listing Rules, designed to make the LSE more attractive to SPACs, came into effect on 10 August 2021.

The Hambro Perks SPAC is a Guernsey company. Companies formed in Guernsey, Jersey, the Cayman Islands, the BVI and Bermuda (“Offshore”) all have similar benefits making them attractive as SPACs for listing on the LSE, which are summarised in this article.

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BERMUDA
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BRITISH VIRGIN ISLANDS
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