UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Vertical Aerospace Ltd.
(Name of Issuer)
Ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G9471C107
(CUSIP Number)
December 16, 2021
(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)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. G9471C107 | Schedule 13G | Page 2 of 7 |
1 | Names of Reporting Persons
American Airlines Group Inc. | |||||
2 | Check the Appropriate Box if a Member of a Group (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 | ||||
6 | Shared Voting Power
11,250,000 | |||||
7 | Sole Dispositive Power
0 | |||||
8 | Shared Dispositive Power
11,250,000 |
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
11,250,000 | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐ | |||||
11 | Percent of Class Represented by Amount in Row 9
5.4% | |||||
12 | Type of Reporting Person
CO, HC |
CUSIP No. G9471C107 | Schedule 13G | Page 3 of 7 |
1 | Names of Reporting Persons
American Airlines, Inc. | |||||
2 | Check the Appropriate Box if a Member of a Group (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 | ||||
6 | Shared Voting Power
11,250,000 | |||||
7 | Sole Dispositive Power
0 | |||||
8 | Shared Dispositive Power
11,250,000 |
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
11,250,000 | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐ | |||||
11 | Percent of Class Represented by Amount in Row 9
5.4% | |||||
12 | Type of Reporting Person
CO |
CUSIP No. G9471C107 | Schedule 13G | Page 4 of 7 |
ITEM 1. | (a) Name of Issuer: |
Vertical Aerospace Ltd. (the Issuer)
(b) Address of Issuers Principal Executive Offices:
140-142 Kensington Church Street
London, United Kingdom W8 4BN
ITEM 2. | (a) Name of Person Filing: |
This statement is filed on behalf of the following (each a Reporting Person and collectively, the Reporting Persons):
American Airlines Group Inc.
American Airlines, Inc.
(b) Address or Principal Business Office:
The address of each of the Reporting Persons is 1 Skyview Drive, Fort Worth, Texas 76155.
(c) Citizenship of each Reporting Person is:
Each of the Reporting Persons is organized in the State of Delaware.
(d) Title of Class of Securities:
Ordinary shares, par value $0.0001 per share (Shares)
(e) CUSIP Number:
G9471C107
ITEM 3. | If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
ITEM 4. | Ownership. |
(a)-(c)
The ownership information presented below represents beneficial ownership of Shares of the Issuer as of the date hereof based upon 209,135,382 Shares outstanding on December 16, 2021, according to the amended report on Form 6-K/A furnished by the Issuer on December 17, 2021.
Reporting Person | Amount beneficially owned |
Percent of class: |
Sole power to vote or to direct the vote: |
Shared power to vote or to direct the vote: |
Sole power to dispose or to direct the disposition of: |
Shared power to dispose or to direct the disposition of: |
||||||||||||||||||
American Airlines Group Inc. |
11,250,000 | 5.4 | % | 0 | 11,250,000 | 0 | 11,250,000 | |||||||||||||||||
American Airlines, Inc. |
11,250,000 | 5.4 | % | 0 | 11,250,000 | 0 | 11,250,000 |
American Airlines, Inc. is the record holder of 11,250,000 Shares. American Airlines, Inc. is a wholly owned subsidiary of American Airlines Group Inc. As a result, American Airlines Group Inc. may be deemed to share beneficial ownership of the Shares held of record by American Airlines, Inc. American Airlines Group Inc. is a publicly traded company with common stock listed on the Nasdaq Global Select Market.
CUSIP No. G9471C107 | Schedule 13G | Page 5 of 7 |
ITEM 5. | Ownership of Five Percent or Less of a Class. |
Not applicable.
ITEM 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
ITEM 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
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. | Certification. |
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.
CUSIP No. G9471C107 | Schedule 13G | Page 6 of 7 |
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.
Date: December 21, 2021
AMERICAN AIRLINES GROUP INC. | ||
By: | /s/ Derek J. Kerr | |
Name: | Derek J. Kerr | |
Title: | Executive Vice President and Chief Financial Officer | |
AMERICAN AIRLINES, INC. | ||
By: | /s/ Derek J. Kerr | |
Name: | Derek J. Kerr | |
Title: | Executive Vice President and Chief Financial Officer |
CUSIP No. G9471C107 | Schedule 13G | Page 7 of 7 |
EXHIBIT INDEX
Exhibit No. | Description | |
99.1 | Joint Filing Agreement |
Exhibit 99.1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.
IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 21st day of December, 2021.
AMERICAN AIRLINES GROUP INC. | ||
By: | /s/ Derek J. Kerr | |
Name: | Derek J. Kerr | |
Title: | Executive Vice President and Chief Financial Officer |
AMERICAN AIRLINES, INC. | ||
By: | /s/ Derek J. Kerr | |
Name: | Derek J. Kerr | |
Title: | Executive Vice President and Chief Financial Officer |