Bank of America Increases Stake in easyJet

On April 17, 2024, Bank of America Corporation crossed a significant threshold in its holdings within easyJet PLC, as disclosed through a recent regulatory filing. The notification, formalized under the TR-1 standard form, confirms adjustments in both voting rights and financial instruments tied to easyJet shares. As reported, the combined total of voting rights now stands at 10.022323%.

These changes stem from both acquisitions and disposals of voting rights, alongside similar movements within financial instruments. Notably, the direct voting rights attached to shares have slightly increased, amounting to 3.439020% of easyJet's total voting power, with additional rights acquired through various financial swaps and other instruments enhancing Bank of America's influence within the airline.