Amundi Physical Metals plc Announces Issuance of New Tranche of ETC Securities

Amundi Physical Metals plc (GLDA), in its recent update, declared the issuance of 25,000 ETC Securities, recognized as Tranche 533, under its existing Secured Precious Metal Linked ETC Securities Programme. This issue forms part of the Amundi Physical Gold ETC, dated 13 February 2024, aligning with the company's strategy to provide exposure to physical gold. The securities issued will add to an aggregate total of 51,822,655.00 ETC Securities for the series post-issuance.

The newly issued tranche, marked at an initial metal entitlement of 0.04 fine troy ounces per security, embodies the issuer's ongoing efforts to make gold investment accessible through the financial markets. These ETC Securities have been geared to mature by 23 May 2118, reflecting a long-term investment perspective towards gold. Additionally, specific parties, including HSBC Bank plc and Jane Street Financial Limited among others, have been listed as authorised participants in this issuance.

In terms of fees, has been disclosed that the total expense ratio stands at 0.12% per annum for these securities. Moreover, significant steps have been taken for the listing and admission to trading of these securities across multiple platforms, including Euronext Paris, Deutsche Börse, and the London Stock Exchange, to ensure broad market access. The issuance and this extensive listing approach underline Amundi Physical Metals plc's commitment to expanding its foothold in the precious metals investment sphere.