Saba Capital Management, L.P., Saba Capital Management GP, LLC and Boaz R. Weinstein report beneficial ownership of 14,682,710 Vertical Aerospace Ltd. securities on a Schedule 13G/A (Amendment No. 7). This position equals 10.3% of the relevant class. The reported holdings comprise 10,516,710 Ordinary Shares and 4,166,000 Ordinary Shares underlying Tranche A and Tranche B Public Warrants (2,083,000 each). The percentage is based on 138,390,307 Ordinary Shares outstanding as of July 31, 2026, plus the Ordinary Shares underlying the two warrant tranches. Voting and dispositive powers over the reported securities are described as shared among the reporting persons, and the securities are held in funds and accounts advised by Saba Capital.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:14,682,710 securitiesOwnership percentage:10.3%Ordinary Shares held:10,516,710 shares+3 more
6 metrics
Beneficial ownership14,682,710 securitiesTotal securities beneficially owned by the reporting persons
Ownership percentage10.3%Percent of Vertical Aerospace’s relevant class attributed to 14,682,710 securities
Ordinary Shares held10,516,710 sharesComponent of the reported beneficial ownership position
Tranche A warrant underlying shares2,083,000 sharesOrdinary Shares underlying Tranche A Public Warrants included in ownership
Tranche B warrant underlying shares2,083,000 sharesOrdinary Shares underlying Tranche B Public Warrants included in ownership
Shares outstanding baseline138,390,307 sharesOrdinary Shares outstanding as of July 31, 2026 used in percentage calculation
Key Terms
beneficial owner, shared voting power, shared dispositive power, Ordinary Shares Underlying Tranche A Public Warrants, +2 more
6 terms
beneficial ownerregulatory
"the beneficial owner of the Common Stock reported herein"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting powerregulatory
"Shared Voting Power 14,682,710.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerregulatory
"Shared Dispositive Power 14,682,710.00"
Ordinary Shares Underlying Tranche A Public Warrantsfinancial
"2,083,000 Ordinary Shares Underlying Tranche A Public Warrants"
Ordinary Shares Underlying Tranche B Public Warrantsfinancial
"2,083,000 Ordinary Shares Underlying Tranche B Public Warrants"
Schedule 13Gregulatory
"pursuant to the provisions of Rule 13d-1(k)(1) under the Act"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of EVTL does Saba Capital report owning in this Schedule 13G/A?
Saba Capital and affiliated reporting persons report beneficial ownership of 10.3% of Vertical Aerospace Ltd.’s relevant class, based on 14,682,710 securities including Ordinary Shares and shares underlying Tranche A and Tranche B Public Warrants.
How many Vertical Aerospace (EVTL) securities does Saba Capital report?
The reporting persons disclose beneficial ownership of 14,682,710 securities, consisting of 10,516,710 Ordinary Shares and 4,166,000 Ordinary Shares underlying Tranche A and Tranche B Public Warrants (2,083,000 each).
What share count did EVTL report outstanding for the 13G/A percentage calculation?
The 10.3% ownership figure is calculated using 138,390,307 Ordinary Shares outstanding as of July 31, 2026, plus 2,083,000 shares underlying Tranche A Public Warrants and 2,083,000 shares underlying Tranche B Public Warrants.
Who are the reporting persons in the EVTL Schedule 13G/A amendment?
The filing lists Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein as the reporting persons, who have entered into a Joint Filing Agreement to report their beneficial ownership in Vertical Aerospace Ltd.
How is voting and dispositive power over EVTL shares described for Saba Capital?
The cover pages show 0 sole voting and dispositive power and 14,682,710 shared voting and shared dispositive power. The funds and accounts advised by Saba Capital have rights to dividends and sale proceeds from the reported Common Stock.
What type of securities in EVTL does the Schedule 13G/A cover?
The filing covers Common Shares, $0.001 par value, and Warrants of Vertical Aerospace Ltd., including Ordinary Shares and Ordinary Shares underlying Tranche A and Tranche B Public Warrants identified in the ownership footnotes.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 7)
Vertical Aerospace Ltd.
(Name of Issuer)
Common Shares, $0.001 par value and Warrants
(Title of Class of Securities)
G9471C206
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G9471C206
1
Names of Reporting Persons
Saba Capital Management, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
14,682,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
14,682,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
14,682,710.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.3 %
12
Type of Reporting Person (See Instructions)
PN, IA
Comment for Type of Reporting Person: Rows 6, 8, and 9 include (i) 10,516,710 Ordinary Shares, par value $0.001 per share, (ii) 2,083,000 Ordinary Shares Underlying Tranche A Public Warrants, and (iii) 2,083,000 Ordinary Shares Underlying Tranche B Public Warrants. The denominator of the fraction upon which the percentages are calculated is based on (i) 138,390,307 Ordinary Shares outstanding as of July 31, 2026 as reported on the 424B5 filed by the Issuer on August 10, 2026, (ii) 2,083,000 Ordinary Shares Underlying Tranche A Public Warrants, and (iii) 2,083,000 Ordinary Shares Underlying Tranche B Public Warrants.
SCHEDULE 13G
CUSIP Number(s):
G9471C206
1
Names of Reporting Persons
Boaz R. Weinstein
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
14,682,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
14,682,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
14,682,710.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Rows 6, 8, and 9 include (i) 10,516,710 Ordinary Shares, par value $0.001 per share, (ii) 2,083,000 Ordinary Shares Underlying Tranche A Public Warrants, and (iii) 2,083,000 Ordinary Shares Underlying Tranche B Public Warrants. The denominator of the fraction upon which the percentages are calculated is based on (i) 138,390,307 Ordinary Shares outstanding as of July 31, 2026 as reported on the 424B5 filed by the Issuer on August 10, 2026, (ii) 2,083,000 Ordinary Shares Underlying Tranche A Public Warrants, and (iii) 2,083,000 Ordinary Shares Underlying Tranche B Public Warrants.
SCHEDULE 13G
CUSIP Number(s):
G9471C206
1
Names of Reporting Persons
Saba Capital Management GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
14,682,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
14,682,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
14,682,710.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Rows 6, 8, and 9 include (i) 10,516,710 Ordinary Shares, par value $0.001 per share, (ii) 2,083,000 Ordinary Shares Underlying Tranche A Public Warrants, and (iii) 2,083,000 Ordinary Shares Underlying Tranche B Public Warrants. The denominator of the fraction upon which the percentages are calculated is based on (i) 138,390,307 Ordinary Shares outstanding as of July 31, 2026 as reported on the 424B5 filed by the Issuer on August 10, 2026, (ii) 2,083,000 Ordinary Shares Underlying Tranche A Public Warrants, and (iii) 2,083,000 Ordinary Shares Underlying Tranche B Public Warrants.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Vertical Aerospace Ltd.
(b)
Address of issuer's principal executive offices:
Unit 1 Camwal Court, Chapel Street, Bristol, UNITED KINGDOM BS2 0UW
Item 2.
(a)
Name of person filing:
Saba Capital Management, L.P., a Delaware limited partnership ("Saba Capital"), Saba Capital Management GP, LLC, a Delaware limited liability company ("Saba GP"), and Mr. Boaz R. Weinstein (together, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, dated January 30, 2025, pursuant to which the Reporting Persons have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the forgoing persons or the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.
(c)
Citizenship:
Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.
(d)
Title of class of securities:
Common Shares, $0.001 par value and Warrants
(e)
CUSIP No.:
G9471C206
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
Not applicable
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Not applicable
(ii) Shared power to vote or to direct the vote:
Not applicable
(iii) Sole power to dispose or to direct the disposition of:
Not applicable
(iv) Shared power to dispose or to direct the disposition of:
Not applicable
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The funds and accounts advised by Saba Capital have the right to receive the dividends from and proceeds of sales from the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Saba Capital Management, L.P.
Signature:
/s/ Michael D'Angelo
Name/Title:
General Counsel
Date:
08/13/2026
Boaz R. Weinstein
Signature:
/s/ Michael D'Angelo
Name/Title:
Authorized Signatory
Date:
08/13/2026
Saba Capital Management GP, LLC
Signature:
/s/ Michael D'Angelo
Name/Title:
Attorney-in-fact*
Date:
08/13/2026
Comments accompanying signature: *** Pursuant to a Power of Attorney dated as of November 16, 2015