Vertical Aerospace Insiders Increased Their Shareholding in EVTL ticker by 50 per cent in November

Ver­ti­cal Aero­space have announced that 16 mem­bers of its Board of Direc­tors and senior lead­er­ship team com­plet­ed open-mar­ket pur­chas­es of the Company’s ordi­nary shares over a two-week open trad­ing win­dow peri­od last month.

These share pur­chas­es fol­low a series of open mar­ket share pur­chas­es by Ver­ti­cal Chair­man Dómh­nal Slat­tery and two fel­low Board mem­bers in May 2025. Ver­ti­cal is poised to com­plete the final stages of its tran­si­tion flight test pro­gramme and will launch its new air­craft next week, on Wednes­day, Decem­ber 10th.

With these most recent pur­chas­es, Vertical’s Direc­tors and lead­er­ship have increased their hold­ings of ordi­nary shares in the Com­pa­ny by approx­i­mate­ly 50% per cent.

Slat­tery said: “With indus­try lead­ing per­for­mance on every val­u­a­tion met­ric, these share pur­chas­es fur­ther rein­force our deep belief in the val­ue of our Com­pa­ny, and our con­fi­dence in real­iz­ing that val­ue for share­hold­ers.”

Addi­tion­al­ly, the Company’s major­i­ty share­hold­er, Mudrick Cap­i­tal Man­age­ment, LP, informed the Com­pa­ny that it had increased its posi­tion by 350,000 shares via open-mar­ket pur­chas­es since Novem­ber 24th.

Ver­ti­cal also dis­closed that as of Novem­ber 28th, Ver­ti­cal Aero­space founder Stephen Fitzpatrick’s direct­ly held shares now rep­re­sent less than 0.4 per cent of the Company’s ordi­nary shares, down from approx­i­mate­ly 15 per cent on Jan­u­ary 1st, 2025.¹

Near-term Mile­stones

• Phase 4 – Tran­si­tion
  Ver­ti­cal is cur­rent­ly under­tak­ing its tran­si­tion flight test­ing, the final stage of its pro­to­type flight test pro­gramme. Pilot­ed tran­si­tion flight is a key engi­neer­ing proof point and crit­i­cal de-risk­ing step on the devel­op­ment and cer­ti­fi­ca­tion pro­gram. Suc­cess­ful com­ple­tion of tran­si­tion flight will mark the most impor­tant mile­stone in the company’s his­to­ry
• Full-Size Cer­ti­fi­ca­tion Air­craft Design
• On Decem­ber 10, Ver­ti­cal will unveil in Lon­don its new full-size air­craft, show­cas­ing its indus­try-lead­ing design, capac­i­ty, com­fort, and glob­al cer­ti­fi­ca­tion-ready archi­tec­ture

¹ Based on Mr. Fitzpatrick’s fil­ings and Com­pa­ny records. Mr. Fitz­patrick also remains the ben­e­fi­cial own­er of 200,000 ordi­nary shares held by Imag­i­na­tion Aero Invest­ments Ltd., rep­re­sent­ing less than 0.2% of the Company’s ordi­nary shares, as well as cer­tain earn-out shares (which are non-vot­ing, and for­feit in Decem­ber 2026, unless cer­tain share price thresh­olds are met) and war­rants in the Com­pa­ny, exclud­ed above.