Islet Management, LP Reports New 7.33% Stake in Vertical Aerospace Ltd. (EVTL)

On April 3, 2026, Islet Management, LP and its CEO/CIO Joseph Samuels filed a Schedule 13G regarding their holdings in Vertical Aerospace Ltd. (EVTL). The filing reports that as of March 30, 2026, the reporting persons beneficially own 7,500,000 ordinary shares, representing a 7.33% ownership stake in the company. This position was established through an account managed by Islet Management, which exercises investment discretion and voting power over the shares. Joseph Samuels, as the controlling officer of Islet, is also deemed to share beneficial ownership. The calculation of the ownership percentage is based on 102,328,004 shares outstanding as of February 27, 2026. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This represents a new significant holding for the reporting persons in the Bristol-based aerospace company.