Update on easyJet's Significant Shareholding Status

easyJet plc announced a change in the notification of significant holdings involving Bank of America Corporation. According to the updated notification, as of May 14, 2024, Bank of America holds a total of approximately 2.993% of easyJet's voting rights. This includes a minuscule 0.000308% from direct voting rights and a more substantial 2.992664% through financial instruments.

The detailed breakdown revealed that physical swaps and swaps with cash settlement were primarily employed, noting that the figures released include various expiration dates stretching from 2024 to 2026. The change reflects an adjustment in the calculation methodologies related to cash equity positions for trading and client facilitation.

This information is crucial for shareholders and potential investors in understanding the dynamics of significant holdings within easyJet. It keeps the market informed and complies with regulatory requirements.