BRIEF

on Amundi Physical Metals Plc

Amundi Physical Metals plc: Final Terms for Gold ETC Issuance

Amundi Physical Metals plc has issued the final terms for their Amundi Physical Gold ETC, aligning with the Secured Precious Metal Linked ETC Securities Programme. The issuance consists of 55,900 ETC Securities, forming Tranche 610, with the aggregate number of the series post-issuance reaching 48,938,655. Initially, each security holds a metal entitlement of 0.04 fine troy ounces, adjusted to 0.03969975 as of the subscription trade date.

The securities, due to mature in May 2118, will be listed on several major stock exchanges, including Euronext Paris and the London Stock Exchange. The total expense ratio stands at 0.12% annually. The issue aims to offer investment opportunities tied to the gold market, with net proceeds estimated at USD 6,072,774.76. Offering is open in multiple European countries, enhancing investor access to gold price exposure.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Amundi Physical Metals Plc news