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Bank of America Increases Stake in easyJet

On April 9th, 2024, Bank of America Corporation adjusted its holdings in easyJet plc, marking a significant change in its investment position. This adjustment was caused by both the acquisition and disposal of voting rights, alongside financial instruments related to the UK-based airline.

Following this activity, Bank of America's total voting rights in easyJet have reached a new threshold. The corporation now holds 3.686363% of voting rights directly attached to shares, with an additional 6.378812% through financial instruments, culminating in a total of 10.065175%. This represents a change from the previous notification which showed a combined total of 9.415562%.

The detailed breakdown of the holdings includes a variety of financial instruments such as physical swaps, options, and a wide array of cash-settled swaps expiring between April 2024 and October 2025. The total number of voting rights now held by Bank of America in easyJet stands at 76,295,035.

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