easyJet: Bank of America Increases Stake in EasyJet

Bank of America Corporation has significantly increased its holdings in EasyJet PLC, according to a recent notification. As of April 24, 2025, the bank holds 8.79% of EasyJet's voting rights, up from a previous 2.53%. This increase is primarily attributed to a combination of direct shares, financial instruments, and swaps, with swaps contributing over 6% to the total. The shares are identified under ISIN GB00B7KR2P84 and are part of a strategic stake adjustment in anticipation of potential growth avenues in the airline industry. EasyJet has been informed of this change on April 25, 2025. The move reflects Bank of America's strategic investment approach, using financial instruments like swaps with expiration dates spanning from May 2025 to April 2026. This adjustment suggests a tactical outlook towards the airline's trajectory in the evolving market environment. The total number of voting rights held now stands at 66,639,981. This development might play a role in influencing future decisions within the company.