Bank of America Adjusts Stake in EasyJet

Bank of America Corporation has made significant changes to its holdings in EasyJet PLC, as disclosed on January 22, 2025. This adjustment follows an acquisition or disposal of financial instruments related to the UK-based airline.

The changes, effective from January 21, 2025, reflect a decrease in Bank of America's total voting rights in EasyJet to 9.422%, from the previous 9.655%. The adjustment involves a variety of financial instruments, including direct and indirect voting rights, as well as swaps and options, that collectively influence their overall stake.

This notification highlights the strategic financial maneuvers made by significant shareholders like Bank of America, influencing EasyJet's stock position in the financial markets.