Vertical Aerospace Ltd. (EVTL) said its board appointed Marc Fontaine as a director on October 20, 2026, effective October 21, 2026. Fontaine is CEO of Helsing SAS and has more than two decades of experience across Airbus’s commercial aircraft, defence and space, and helicopter businesses. His appointment was proposed by Mudrick Capital Management L.P. under its director appointment rights in Vertical’s amended and restated memorandum and articles of association.
Vertical said it retained Jefferies LLC on September 24, 2026, as financial advisor for a review of strategic alternatives, including potential strategic and financial partnerships. Fontaine described funding the path to certification and commercialisation as the priority.
Vertical Aerospace Ltd. Principal Financial Officer John Patrick Maloney acquired 175,000 nil cost options and 187,500 stock options on October 14, 2026. Annual vesting begins June 30, 2027, and December 31, 2026, respectively, subject to continued service; reported nil cost option holdings after the grant were 187,473. He also disposed of 75,000 options with a $3.50 exercise price and 37,500 with a $5.82 exercise price. Both were cancelled under a previously approved option repricing, with no consideration received.
On October 15, 2026, Vertical Aerospace Ltd. (EVTL), through its wholly owned subsidiary Vertical Aerospace Group Limited, entered long-term supplier agreements with ANH Structure Co., Ltd. and Northrop Grumman LITEF GmbH for systems on its Valo electric vertical take-off and landing aircraft.
ANH will design, develop, certify and manufacture Valo’s pilot and passenger seating system, incorporating its proprietary 30G energy-absorption technology. NG LITEF will supply its LCR-110 inertial reference system, which provides position, attitude and heading data to flight-critical systems. ANH’s stated support spans detailed design through certification, industrialisation and serial production.
Vertical Aerospace Ltd. director Clyde M. Woltman reported direct ownership of 16,536 common shares as of October 5, 2026.
Vertical Aerospace Ltd. (EVTL) identifies Fabrice Roger Daniel Bregier as a director. The remarks reference an Exhibit 24 power of attorney.
Vertical Aerospace Ltd. appointed Clyde Woltman as a director effective October 5, 2026. Mudrick Capital Management L.P. proposed his appointment under director appointment rights in the company’s amended and restated memorandum and articles of association.
Carsten Stendevad and James Keith Brown gave notice of their intention to resign on October 1, 2026, and agreed with the Board that their resignations would take effect October 5, 2026. Woltman served as Chief Executive Officer of Leonardo Helicopters US from 2022 to 2026; the company’s announcement says he led a $1 billion business spanning sales, engineering, certification, production, customer support and research and development.
Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson was granted 161,274 nil-cost options on September 30, 2026. His reported direct holding after the grant was 3,592,040 options. The options vest beginning September 30, 2026, with additional shares vesting quarterly thereafter, subject to continued service through each vesting date, and expire September 29, 2036.
Vertical Aerospace Ltd. (EVTL) received a New York Stock Exchange notice on September 9, 2026, stating that its ordinary shares’ average closing price was below $1.00 per share over 30 consecutive trading days. The company told the NYSE it intends to cure the deficiency.
Vertical can regain compliance during the six-month cure period following receipt if, on the last trading day of any calendar month, its shares close at least $1.00 and average at least $1.00 over the 30 trading-day period ending that day. Its ordinary shares will continue trading during the cure period, subject to other continued listing requirements. The company said the notice has no immediate effect on the listing and is not anticipated to affect ongoing operations.
Vertical Aerospace Ltd. (EVTL) reported that its Board of Directors approved an increase in board size from eight to nine members and appointed Fabrice Brégier as a director and Chair of the Board, effective September 21, 2026.
Brégier was proposed under Mudrick Capital Management L.P.’s director appointment rights in Vertical’s amended and restated memorandum and articles of association. He brings over three decades of senior leadership experience, including serving as CEO of Airbus Commercial Aircraft, COO of Airbus Group, President & CEO of Eurocopter, CEO of Matra BAe Dynamics and MBDA, and President of Palantir Technologies France. He currently serves as a non-executive director of Safran SA and ENGIE SA, and Chair of SCOR SE.
The company states that this leadership change comes as it focuses on certification and commercialisation of its all-electric Valo eVTOL aircraft and development of hybrid-electric, autonomous and defence applications. Interim Chair Ben Story will remain on the board as a non-executive director after Brégier assumes the Chair role.