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
27-Mar-2024
6. Date on which Issuer notified
28-Mar-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
3.711416
6.421162
10.132578
76805970
Position of previous notification (if applicable)
3.536951
6.331263
9.868214
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
28130622
3.711115
US2778562098
2278
0.000301
Sub Total 8.A
28132900
3.711416%
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
210645
0.027789
Physical Swap
28/03/2024
N/A
2253000
0.297226
Physical Option
17/01/2029
N/A
4664
0.000615
Sub Total 8.B1
2468309
0.325630%
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
28/03/2024
N/A
Cash
7685420
1.013894
Swaps
02/04/2024
N/A
Cash
23990648
3.164951
Swaps
17/04/2024
N/A
Cash
250000
0.032981
Swaps
29/04/2024
N/A
Cash
1496435
0.197416
Swaps
02/07/2024
N/A
Cash
27081
0.003573
Swaps
08/07/2024
N/A
Cash
875604
0.115514
Swaps
24/07/2024
N/A
Cash
5721000
0.754739
Swaps
26/07/2024
N/A
Cash
3951345
0.521279
Swaps
08/08/2024
N/A
Cash
835
0.000110
Swaps
30/08/2024
N/A
Cash
97292
0.012835
Swaps
31/10/2024
N/A
Cash
82920
0.010939
Swaps
18/11/2024
N/A
Cash
2873
0.000379
Swaps
02/12/2024
N/A
Cash
65406
0.008629
Swaps
31/01/2025
N/A
Cash
31937
0.004213
Swaps
25/02/2025
N/A
Cash
93411
0.012323
Swaps
28/02/2025
N/A
Cash
50542
0.006668
Swaps
03/03/2025
N/A
Cash
52345
0.006906
Swaps
01/04/2025
N/A
Cash
11638
0.001535
Swaps
15/04/2025
N/A
Cash
88453
0.011669
Swaps
06/05/2025
N/A
Cash
12993
0.001714
Swaps
17/07/2025
N/A
Cash
887
0.000117
Swaps
13/10/2025
N/A
Cash
149172
0.019679
Swaps
07/11/2025
N/A
Cash
169296
0.022334
Swaps
18/03/2026
N/A
Cash
745082
0.098294
Swaps
26/05/2026
N/A
Cash
342343
0.045163
Swaps
15/02/2028
N/A
Cash
63530
0.008381
Swaps
03/01/2029
N/A
Cash
31100
0.004103
Swaps
04/01/2029
N/A
Cash
40000
0.005277
Swaps
12/07/2024
N/A
Cash
75173
0.009917
Sub Total 8.B2
46204761
6.095532%
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
Bank of America Corporation
BofA Securities, Inc
Bank of America Corporation
Bofa Securities Europe SA
Bank of America Corporation
Merrill Lynch International
3.167381
5.837369%
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
28-Mar-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%).