Bank of America Reduces Stake in EasyJet

Bank of America Corporation has reduced its holding in EasyJet PLC, as revealed in a recent notification. The filing, dated January 27, 2025, discloses that the change took place on January 24, 2025. The total voting rights held by Bank of America now stand at 8.27%, a decrease from the previous 9.33%.

This change results from a combination of share voting rights and financial instruments. The direct voting rights attached to shares amount to 0.77%, while financial instruments account for 7.5%. The reduction reflects a strategic shift by Bank of America in its holdings of EasyJet.

The detailed breakdown further indicates the use of various financial instruments including swaps and options. Such adjustments in holdings can influence market perceptions and shareholder confidence in EasyJet's governance.