Bank of America Corporation (BofA) increased its total voting rights in The PRS REIT PLC, a UK residential property investment trust. BofA now holds 13.15%, up from its previous position of 11.30%.
The disclosure indicates that the threshold was crossed on December 8, 2025. The new stake consists of 0.75% in direct voting rights and 12.39% held through various financial instruments.
The financial instruments involved include physical and cash-settled swaps with expiration dates extending into 2026 and 2027. The holdings are managed through several controlled entities, including Merrill Lynch International and Bank of America National Association.