Amundi Physical Metals plc Issues Final Terms for Latest ETC Securities

Amundi Physical Metals plc announced the final terms for its issuance of 132,200 ETC Securities. This tranche, numbered 624, is part of their Amundi Physical Gold ETC series, which operates under their Secured Precious Metal Linked ETC Securities Programme. The ETC Securities provide an investment linked to the price of gold. These securities add to an aggregate total of 49,108,155 issued pieces.

The initial metal entitlement is set at 0.04 fine troy ounces per security, with a slight adjustment marking the subscription trade date entitlement at 0.03969531. The series issue date traces back to May 23, 2019, with this tranche's issue date set for November 28, 2024. Scheduled for maturity in 2118, these securities reinforce long-term investment stances on precious metals.

The securities are slated for listing across major exchanges, including Euronext Paris, Amsterdam, the Deutsche Börse, Borsa Italiana, and the London Stock Exchange. The total expense ratio stands at 0.12% per annum, with net proceeds from the issuance pegged at USD 13,760,050.22.