Bank of America Adjusts Holdings in easyJet

On April 12, 2024, Bank of America Corporation reported a change in its holdings of easyJet PLC, a UK-based airline. The notification, triggered by a "Legal Entity level crossing" was officially disclosed on April 15, 2024. The total voting rights held by Bank of America have shifted from the previous notification.

The new total combines 3.890295% via shares and 6.651548% through financial instruments, summarizing a complete holding of 10.541843% in the company. This represents a slight decrease from the previous total of 10.770565%. The change occurred due to adjustments in both direct shares and various financial instruments, such as physical swaps and cash-settled swaps with varying expiration dates up to February 26, 2026.

The detailed breakdown includes direct ownership of 29,488,819 shares and rights through financial mechanisms summing up to 46,294,410. easyJet’s notification helps stakeholders understand shifts in significant company holdings and assess their potential impacts.