Vertical Aerospace Holds EGM, Shareholder Participation High
Ticker: EVTWF · Form: 6-K · Filed: Dec 23, 2024 · CIK: 1867102
Sentiment: neutral
Topics: shareholder-meeting, governance, company-update
TL;DR
Vertical Aerospace held its EGM on Dec 23, 73% of shares voted - big shareholder interest!
AI Summary
On December 23, 2024, Vertical Aerospace Ltd. held an Extraordinary General Meeting (EGM) where approximately 73% of the voting power, represented by 13,931,072 ordinary shares, was present. The meeting focused on ordinary business and special business, with resolutions to be voted on.
Why It Matters
The high shareholder turnout at the EGM indicates significant engagement and interest in the company's governance and future decisions.
Risk Assessment
Risk Level: low — This filing is a routine report of a shareholder meeting and does not contain new financial or operational risks.
Key Numbers
- 13,931,072 — Ordinary Shares Represented (Represents significant shareholder participation at the EGM.)
- 73% — Voting Power Present (Indicates strong shareholder engagement in company matters.)
Key Players & Entities
- Vertical Aerospace Ltd. (company) — Registrant
- December 23, 2024 (date) — Date of EGM
- 13,931,072 (dollar_amount) — Number of ordinary shares represented at EGM
- 73% (dollar_amount) — Percentage of voting power represented at EGM
FAQ
What was the primary purpose of the Extraordinary General Meeting (EGM) held by Vertical Aerospace Ltd. on December 23, 2024?
The EGM was held for the transaction of ordinary and special business, with resolutions to be voted upon by shareholders.
How many ordinary shares were represented at the EGM?
13,931,072 ordinary shares were present in person or by proxy at the EGM.
What percentage of the company's voting power was represented at the EGM?
Approximately 73% of the voting power of the issued and outstanding ordinary shares was represented at the EGM.
What is the par value of Vertical Aerospace Ltd.'s ordinary shares?
The par value of the Company's ordinary shares is $0.001 per share.
Where is Vertical Aerospace Ltd.'s principal executive office located?
The principal executive office is located at Unit 1 Camwal Court, Chapel Street, Bristol BS2 0UW, United Kingdom.
Filing Stats: 1,744 words · 7 min read · ~6 pages · Grade level 12.1 · Accepted 2024-12-23 16:17:17
Key Financial Figures
- $0.001 — pany’s ordinary shares, par value $0.001 per share (the “Ordinary Shares&r
- $110,000 — of the Company be increased from (a) US$110,000, divided into 100,000,000 ordinary shar
- $210,000 — a par value of US$0.001 each, to (b) US$210,000, divided into 200,000,000 ordinary shar
- $50 million — ment from Mudrick Capital to fund up to $50 million to the Company in its next funding roun
- $25 million — e “Equity Placement”), with $25 million funded on a non-contingent basis, and a
- $2.75 — oviding for a fixed conversion price of $2.75 per Ordinary Share for half of the prin
- $3.50 — he Senior Secured Convertible Notes and $3.50 per Ordinary Share for the other half.
- $130 m — he conversion of half, or approximately $130 milllion in principal amount, of the Seni
Filing Documents
- tm2431799d1_6k.htm (6-K) — 35KB
- tm2431799d1_ex3-1.htm (EX-3.1) — 375KB
- tm2431799d1_ex4-1.htm (EX-4.1) — 33KB
- tm2431799d1_ex4-2.htm (EX-4.2) — 22KB
- tm2431799d1_ex4-3.htm (EX-4.3) — 50KB
- tm2431799d1_ex99-1.htm (EX-99.1) — 65KB
- tm2431799d1_ex99-2.htm (EX-99.2) — 43KB
- tm2431799d1_ex99-3.htm (EX-99.3) — 57KB
- tm2431799d1_ex99-4.htm (EX-99.4) — 177KB
- tm2431799d1_ex99-5.htm (EX-99.5) — 26KB
- tm2431799d1_ex99-6.htm (EX-99.6) — 17KB
- 0001104659-24-131308.txt ( ) — 900KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Vertical Aerospace Ltd. Date: December 23, 2024 By: /s/ Stuart Simpson Stuart Simpson Chief Executive Officer