On September 10, 2024, a significant transaction involving Arqit Quantum Inc. was reported in an amended Schedule 13D filing with the U.S. Securities and Exchange Commission. The filing detailed the termination of a Loan Agreement and the consequential transfer of beneficial ownership of 12,045,103 Ordinary Shares from the reporting entities, D2BW Limited, David Williams, and David Bestwick, to the lender. Following the termination, no Ordinary Shares remain pledged under the Loan Documents. As a result of this transaction, the reporting persons' beneficial ownership in Arqit Quantum Inc. has changed. D2BW Limited now holds 19,518,927 shares (11.4% of the class), David Williams holds 32,681,371 shares (19.2% of the class), and David Bestwick holds 26,593,626 shares (15.6% of the class). The filing also notes that Williams and Bestwick collectively own all outstanding share...Show More

On September 10, 2024, a significant transaction involving Arqit Quantum Inc. was reported in an amended Schedule 13D filing with the U.S. Securities and Exchange Commission. The filing detailed the termination of a Loan Agreement and the consequential transfer of beneficial ownership of 12,045,103 Ordinary Shares from the reporting entities, D2BW Limited, David Williams, and David Bestwick, to the lender. Following the termination, no Ordinary Shares remain pledged under the Loan Documents. As a result of this transaction, the reporting persons' beneficial ownership in Arqit Quantum Inc. has changed. D2BW Limited now holds 19,518,927 shares (11.4% of the class), David Williams holds 32,681,371 shares (19.2% of the class), and David Bestwick holds 26,593,626 shares (15.6% of the class). The filing also notes that Williams and Bestwick collectively own all outstanding share capital of D2BW Limited and hold voting power over shares owned by the Williams and Bestwick Foundation, thus they are deemed beneficial owners of the shares directly held by D2BW Limited and the Foundation. The filing emphasizes that each reporting person disclaims beneficial ownership of the shares reported except to the extent of their respective pecuniary interest.