Bank of America Increases Stake in EasyJet

On April 29, 2025, EasyJet PLC issued a notification about a significant change in its holdings. The document reveals that the Bank of America Corporation crossed a key threshold on April 28, 2025. As a result, the bank now holds 9.547979% of voting rights in EasyJet, a noticeable increase from the previous holding of 9.224176%.

The increase is attributed to direct and indirect voting rights attached to shares and various financial instruments. Notably, swaps play a significant role, contributing a significant portion to the increased stake. Several physical and call options are part of the new financial structure affecting the voting rights.

This transaction underscores the ongoing strategic position of Bank of America in EasyJet, marking their increasing influence and involvement in the company's future direction.