Amundi Physical Metals plc: UK Final Terms Released

Amundi Physical Metals plc has issued the final terms for its Amundi Physical Gold ETC under its Secured Precious Metal Linked ETC Securities Programme. This issuance involves 86,700 ETC Securities, marked as Tranche 673, with a total metal entitlement of 0.03967977 fine troy ounces. The new tranche is part of a broader series with an aggregate number of 57,493,559 ETC Securities.

The issued securities are set to mature on May 23, 2118. The nominal amount of each ETC Security is USD 5.085. The securities will be admitted for trading on major exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange.

The issue is supported by several financial institutions such as HSBC Bank plc and BNP Paribas Arbitrage SNC. The Total Expense Ratio is noted at 0.12% per annum, reflecting the cost of holding the securities. The offering is part of a strategy to provide exposure to gold prices, aiming to attract potential investors in the commodity market.