Amundi Physical Metals plc Releases Final Terms for Gold ETC Securities

Amundi Physical Metals plc has disclosed the final terms for its latest tranche of Gold ETC Securities. This issuance involves 88,400 ETC securities, designated as Tranche 636 under the Secured Precious Metal Linked ETC Securities Programme. These securities are linked to the price of gold, providing investors with exposure to the precious metal.

The initial metal entitlement per security is set at 0.04 fine troy ounces, adjusted slightly to 0.03969231 by the subscription trade date. The issue date for this tranche is December 23, 2024, while the securities' scheduled maturity date is May 23, 2118. The nominal amount of each security stands at USD 5.085, with a specified interest of USD 0.051.

The ETC Securities have been admitted for trading on multiple platforms, including Euronext Paris, the London Stock Exchange, and Deutsche Börse, with estimated net proceeds from this issuance reaching USD 9,096,386.52. The Total Expense Ratio is 0.12% per annum. Various entities such as HSBC Bank plc and Merrill Lynch International are among the authorized participants for these securities.