Bank of America's Increased Stake in EasyJet

EasyJet plc has announced that Bank of America Corporation has increased its holdings in the company. The threshold was crossed on December 16, 2024, and the notification was received by EasyJet on December 17, 2024. The resulting voting rights percentage now stands at 9.933%, an increase from the previous 9.803%.

Bank of America's position includes both direct and indirect voting rights. The direct voting rights constitute 1.737%, while the remaining 8.196% are based on financial instruments. This adjustment reflects changes in financial instruments such as swaps that have expiration dates throughout 2025 and 2026.

The latest changes indicate a noteworthy rise in Bank of America's stake in EasyJet, which may have implications for future shareholder decisions and company strategies.