TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00B7KR2P84
Issuer Name
EASYJET PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Bank of America Corporation
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
07-May-2024
6. Date on which Issuer notified
08-May-2024
7. Total positions of person(s) subject to the notification obligation
.
% of voting rights attached to shares (total of 8.A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
2.572074
8.860175
11.432249
86657590
Position of previous notification (if applicable)
2.084607
8.506801
10.591408
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
GB00B7KR2P84
19494301
2.571774
US2778562098
2273
0.000300
Sub Total 8.A
19496574
2.572074%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
Right to Recall
n/a
n/a
195146
0.025745
Physical Swap
24/07/2024
n/a
5721000
0.754739
Physical Option
17/01/2029
n/a
8028
0.001059
Sub Total 8.B1
5924174
0.781543%
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
Swaps
02/07/2024
N/A
Cash
73775
0.009733
Swaps
08/07/2024
N/A
Cash
875604
0.115514
Swaps
12/07/2024
N/A
Cash
6714245
0.885773
Swaps
25/07/2024
N/A
Cash
10950000
1.444572
Swaps
26/07/2024
N/A
Cash
3951345
0.521279
Swaps
31/07/2024
N/A
Cash
1162324
0.153339
Swaps
30/08/2024
N/A
Cash
1764120
0.232730
Swaps
23/10/2024
N/A
Cash
1254839
0.165544
Swaps
31/10/2024
N/A
Cash
15989
0.002109
Swaps
18/11/2024
N/A
Cash
334471
0.044125
Swaps
24/01/2025
N/A
Cash
227489
0.030011
Swaps
31/01/2025
N/A
Cash
364256
0.048054
Swaps
25/02/2025
N/A
Cash
11396
0.001503
Swaps
28/02/2025
N/A
Cash
16616
0.002192
Swaps
03/03/2025
N/A
Cash
2361987
0.311604
Swaps
28/03/2025
N/A
Cash
1992042
0.262799
Swaps
02/04/2025
N/A
Cash
23990648
3.164951
Swaps
15/04/2025
N/A
Cash
88453
0.011669
Swaps
19/05/2025
N/A
Cash
225000
0.029683
Swaps
22/05/2025
N/A
Cash
1496435
0.197416
Swaps
02/06/2025
N/A
Cash
4322
0.000570
Swaps
17/07/2025
N/A
Cash
1029
0.000136
Swaps
07/11/2025
N/A
Cash
161589
0.021318
Swaps
16/02/2026
N/A
Cash
59386
0.007834
Swaps
06/03/2026
N/A
Cash
1625853
0.214490
Swaps
18/03/2026
N/A
Cash
743184
0.098044
Swaps
26/05/2026
N/A
Cash
649845
0.085730
Swaps
03/01/2029
N/A
Cash
31100
0.004103
Swaps
47122
N/A
Cash
40000
0.005277
Swaps
47238
N/A
Cash
21500
0.002836
Swaps
47246
N/A
Cash
28000
0.003694
Sub Total 8.B2
61236842
8.078632%
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Bank of America Corporation
Bank of America, National Association
3.655848
3.656148%
Bank of America Corporation
BofA Securities, Inc.
Bank of America Corporation
BofA Securities Europe SA
Bank of America Corporation
Merrill Lynch International
3.389221
5.960987%
Bank of America Corporation
Merrill Lynch B.V.
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
08-May-2024
13. Place Of Completion
United Kingdom
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
easyJet plc is one of the leading low-cost airlines in Europe. Net sales break down by activity as follows:
- passenger transport (63.9%): 82.8 million passengers transported in 2022/23;
- other (36.1%): baggage handling services, food service, car rental, etc.
At the end of September 2023, the group operated a fleet of 336 airplanes.
Net sales are distributed geographically as follows: the United Kingdom (53.2%), Switzerland (9.7%), Northern Europe (7.5%), France (10.4%), Southern Europe (17.5%) and other (1.7%).