on EasyJet (isin : GB00B7KR2P84)
Bank of America Adjusts Stake in EasyJet
EasyJet plc has announced a change in major holdings by Bank of America Corporation. On November 21, 2024, the investment threshold was crossed, leading to a notification on November 22, 2024. The notable adjustment reflects both direct and indirect voting rights held by the corporation.
The percentage of direct voting rights amounted to 0.755236%, while through financial instruments, voting rights reached 8.115309%. Combined, this totals an 8.870545% stake, equating to 67,239,620 voting rights in EasyJet.
This shift in stake is attributed to various financial instruments and swaps, with expiration dates ranging from December 2024 to June 2027. The modification suggests an enhanced engagement in EasyJet by Bank of America, an investment with economic ramifications for the airline. While complex, these financial instruments represent Bank of America's strategic positioning in the market.
R. P.
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