X0202 SCHEDULE 13G 0001721508 XXXXXXXX LIVE Ordinary Shares, Par Value $0.001 Per Share 03/30/2026 0001867102 Vertical Aerospace Ltd. G9471C206 Unit 1 Camwal Court, Chapel Street Bristol X0 BS2 0UW Rule 13d-1(c) Islet Management, LP DE 0 7500000 0 7500000 7500000 N 7.33 IA Joseph Samuels X1 0 7500000 0 7500000 7500000 N 7.33 IN Vertical Aerospace Ltd. Unit 1 Camwal Court, Chapel Street, Bristol, United Kingdom, BS2 0UW This Schedule 13G filing relates to shares of Ordinary shares, par value $0.001 per share (the "Common Stock"), of the Issuer. This Schedule 13G is being filed on behalf of the following persons/entities (collectively, the "Reporting Persons"): Islet Management, LP ("Islet") Joseph Samuels 590 Madison Avenue, 27th Floor New York, NY 10022 Islet is organized under the laws of the State of Delaware. Joseph Samuels is a United States citizen. Y The reskponses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference. Islet acts as investment manager to, and exercises investment discretion with respect to the one account that holds the securities of the issuer described herein (the "Account"). Mr. Samuels is the Chief Executive Officer and Chief Investment Officer of Islet. As investment manager to the Account, Islet, pursuant to investment advisory agreements, has discretionary investment authority and voting power with respect to the Common Stock beneficially owned by the Account. Thus, it could be deemed to have the power to vote and dispose or direct the disposition of such Common Stock held by the Account. As the Chief Executive Officer and Chief Investment Officer of Islet, Mr. Samuels has the ability to exercise investment discretion over the Account. Thus, he could be deemed to share the power to vote and dispose or direct the disposition of the Common Stock beneficially owned by the Account. As of April 3, 2026, the Account directly beneficially owned 7,500,000 shares of Common Stock representing 7.33% of the shares of Common Stock outstanding. Calculations of the percentage of shares of Common Stock beneficially owned are based on 102,328,004 shares of Common Stock outstanding as of February 27, 2026, as reported in the Annual Report on Form 20-F filed by the Issuer witht he Securities and Exchange Commission on March 24, 2026. See Item 4(a) above See Item 5 of each cover page hereof. See Item 6 of each cover page hereof. See Item 7 of each cover page hereof. See Item 8 of each cover page hereof. Y Y Y Y Y N 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. Islet Management, LP /s/ Rebecca Waldman 04/03/2026 Joseph Samuels /s/ Joseph Samuels 04/03/2026