13D Filings
Vertical Aerospace Ltd.
EVTL
Amendment
Ownership

74.98%

Total Shares

20,486,923

Issuer CIK

1867102

CUSIP

G9471C107

Event Date

Dec 14, 2024

Accepted

Dec 17, 2024, 04:05 PM

Reporting Persons (2)
NameType% of ClassAggregateSole VotingShared Voting
STEPHEN FITZPATRICK
Individual
74.98%20,486,92315,286,9235,200,000
IMAGINATION AERO INVESTMENT LTD.
CO
19.03%5,200,00005,200,000
Disclosure Items (7)

Security Title

Ordinary Shares, par value $0.001 per share

Issuer Name

Vertical Aerospace Ltd.

Issuer Address

Unit 1 Camwal Court, Bristol, X0, BS2 0UW

Filing Persons

N/A

Business Address

N/A

Principal Occupation

N/A

Convictions

N/A

Citizenship

N/A

N/A

Item 4 is hereby amended by adding the following as a bullet point in chronological order therein: On December 15, 2024, the Reporting Persons entered into the Forbearance Agreement (the "Forbearance Agreement") with Mudrick Capital Management, L.P., the Issuer and Vertical Aerospace Group Limited, pursuant to which, among other things, the Reporting Persons agreed to take such actions as are reasonably necessary to support and give effect to the transactions contemplated by the Agreement in Principle, including to attend any shareholder meeting in respect of the transactions (or any part thereof) contemplated by the Agreement in Principle and vote (or cause to be voted) all of their Ordinary Shares in favor of the transactions contemplated by the Agreement in Principle.

Percentage of Class

N/A

Number of Shares

N/A

Transactions

N/A

Shareholders

N/A

Date of 5% Ownership

N/A

Item 6 is hereby amended by adding the following paragraphs: On December 15, 2024, the Reporting Persons entered into the Forbearance Agreement with Mudrick Capital Management, L.P., the Issuer and Vertical Aerospace Group Limited, pursuant to which, among other things, the Reporting Persons agreed to take such actions as are reasonably necessary to support and give effect to the transactions contemplated by the Agreement in Principle, including to attend any shareholder meeting in respect of the transactions (or any part thereof) contemplated by the Agreement in Principle and vote (or cause to be voted) all of their Ordinary Shares in favor of the transactions contemplated by the Agreement in Principle. The foregoing summary of the Forbearance Agreement is qualified in its entirety by the full text of the Forbearance Agreement attached hereto as Exhibit 1 and incorporated herein by reference.

Exhibit Number 1 Description Forbearance Agreement, dated as of December 15, 2024, by and among Mudrick Capital Management, L.P., Vertical Aerospace Ltd., Vertical Aerospace Group Limited, Stephen Fitzpatrick and Imagination Aero Investment Ltd.

Vertical Aerospace Ltd. — Schedule 13D | 13D Filings