Bank of America Adjusts Stake in EasyJet

A recent disclosure reveals that Bank of America Corporation has altered its stake in EasyJet plc. On April 29, 2025, the company crossed a holding threshold, with an official notification sent the following day. The adjustment impacts both direct and indirect voting rights within the airline company. As of the crossing date, Bank of America holds 9.405% of total voting rights, down marginally from a previous figure of 9.548%.

The voting rights comprise 0.221% attached to shares and an additional 9.185% through financial instruments. This portfolio includes financial tools like recall rights, options, and swaps. The changes come amid dealings in instruments set to expire between 2025 and early 2026. It's noted that swaps with significant voting rights are due to expire soon, their settlements aligning with Bank of America's strategic adjustments.