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EasyJet PLC Announces Change in Shareholding by Bank of America Corporation

easyJet PLC, identified by ISIN GB00B7KR2P84, has reported a notification of major holdings, which indicates a change in shareholdings by Bank of America Corporation. The notification, dated April 29, 2024, follows an event that occurred on April 26, 2024, where the threshold of shareholdings was crossed.

The details reveal that Bank of America now holds a total voting power of 12.977982 percent, a marginal reduction from the previous notifying position of 13.567301 percent. This total reflects both direct voting rights and rights through financial instruments. Out of this, direct voting rights amount to 3.004822 percent, while voting rights through financial instruments tally up to 9.973160 percent. The total number of voting rights held in the issuer by Bank of America Corporation is 98,374,413.

Various financial instruments were used to achieve this new position, including physical swaps and options, expiring across different dates from 2024 to 2025. Specific instruments such as Right to Recall, Physical Swap, Physical Option, and multiple cash-settled swaps notably feature in this financial maneuvering.

R. P.

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