XML 32 R16.htm IDEA: XBRL DOCUMENT
v3.23.2

Warrant Liability | 6 Months Ended
--- | ---
Jun. 30, 2023
Warrant Liability |
Warrant Liability | 11Warrant Liability The following warrants are in issue but not exercised: ​
​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ | ​ | 2023 | ​ | 2022
​ | ​ | Number | ​ | Number
Public Warrants |  | 15,264,935 |  | 15,264,935
Mudrick Warrants |  | 4,000,000 |  | 4,000,000
Outstanding, end of period |  | 19,264,935 |  | 19,264,935
​ Recorded as a liability, the following shows the change in fair value during the period ended June 30, 2023:
​ | ​ | ​
​ |  | £ 000
December 31, 2022 |  | 4,961
Change in fair value |  | (2,030)
Exchange differences on translation | ​ | (204)
June 30, 2023 |  | 2,727
​ Each public warrant entitles the registered holder to purchase one share of common stock at a price of $11.50 per share. Once the public warrants become exercisable, the Company may redeem the public warrants at a price of $0.01 per public warrant if the closing price of the common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period. The public warrants expire on December 15, 2026 or earlier upon redemption or liquidation.

X
- References No definition available. + Details
Name: | evtl_DisclosureOfWarrantsAbstract
Namespace Prefix: | evtl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for warrants. + References No definition available. + Details
Name: | evtl_DisclosureOfWarrantsTextBlock
Namespace Prefix: | evtl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration