Arqit Quantum Inc.: director Lefebvre d'Ovidio Manfredi exercised 1,359 shares

What happened

• Lefebvre d'Ovidio Manfredi, a director, exercised or converted derivatives into a total of 1,359 Arqit Quantum Inc. ordinary shares and on the same date disposed of the same amounts. The transactions are reported at $0.00 per share with total cash value $0. The individual components reported were 1,111, 16, 66, 83 and 83 shares.

Key details

• Transaction date and price: Oct 5, 2026; transaction code M (exercise or conversion of derivative); price $0.00 per share; total value $0.
• Acquired shares: 1,359 (1,111 + 16 + 66 + 83 + 83).
• Disposed shares: 1,359 (same breakdown as acquisitions).
• Shares owned after the transaction: not reported in the provided filing.
• Relevant footnotes from the filing:
  • F1: restricted share units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
  • F2–F4: vesting schedules for RSUs include quarterly installments beginning Oct 1, 2026, with varying continuation dates through Oct 1, 2028.
  • Remark: because the issuer is a foreign private issuer, the reporting person’s transactions are reported as exempt from Sections 16(b) and 16(c) of the Securities Exchange Act.
• Filing timeliness: the provided filing does not indicate a late filing.

Why it may matter

• The filing shows conversions/exercises of derivatives (RSUs per the footnotes) into ordinary shares, and matching disposals on the same date.
• For derivative transactions, the filing shows the exercise/conversion and the disposals; it does not state motives or reasons.
• This filing does not show why the insider traded or why the company acted.