Amundi Physical Metals plc: Final Terms

GENERAL TERMS

Issuer:

Amundi, Physical Metals plc

1. Series:

Amundi Physical Gold ETC

2. Tranche Number(s):

617

Aggregate Number of ETC Securities of the Series:

1. Immediately following the issue of the relevant Tranche of ETC Securities:

46,522,455.00

2. Comprising the relevant Tranche of ETC Securities:

50,000.00

Metal Entitlement:

1. Initial Metal Entitlement as at the Series Issue Date:

0.04 fine troy ounces

2. Metal Entitlement as at the Subscription Trade Date of the relevant Tranche of ETC Securities (if not the first Tranche of ETC Securities of the Series):

0.03969675

Issue Date:

1. Series Issue Date:

23 May 2019

2. Issue Date of the relevant Tranche of ETC Securities (if not the first Tranche of ETC Securities of the Series):

19 November 2024

Scheduled Maturity Date:

23 May 2118

Relevant Regulatory Law Reference Date:

21 May 2019

Date on which Board approval for issuance of ETC Securities obtained:

25 April 2019

TRANSACTION PARTIES

Additional Paying Agent(s):

Not Applicable

Authorised Participant(s):

As at the date of these Final Terms:

HSBC Bank plc, with registered office at:

8 Canada Square,

Canary Wharf,

London, E14 5HQ

Jane Street Financial Limited, with registered office at:

Floor 30, 20 Fenchurch Street,

London EC3M 3BUY

Flow Traders B.V., with registered office at:

Jacob Bontiusplaats 9

1018 LL Amsterdam

Optiver VOF, with registered office at:

Strawinskylaan 3095

1077 ZX Amsterdam

BNP Paribas Arbitrage SNC, with registered office at:

1 Rue Laffitte

75009 Paris

Merrill Lynch International, with registered office at

2 King Edward Street

London EC1A 1HQ

Virtu Financial Ireland Limited, with registered office at

North Dock One

Fifth Floor

91/92 North Wall Quay

Dublin 1 D01 H7V7

PROVISIONS RELATING TO FEES

Total Expense Ratio (as at the date of these Final Terms):

0.12% per annum.

PROVISIONS RELATING TO REDEMPTION

Nominal Amount:

USD 5.085, being an amount equal to 10 per cent. of the Issue Price per ETC Security as at the Series Issue Date.

Specified Interest Amount:

USD 0.051, being an amount equal to 1 per cent. of the Nominal Amount.

GENERAL PROVISIONS APPLICABLE TO THE ETC SECURITIES

Non-exempt Offer:

An offer of the ETC Securities may be made by any Authorised Offeror(s) other than pursuant to Article 1(4) of the Prospectus Regulation in Austria, France, Germany, Italy, Luxembourg, the Netherlands, Spain, Sweden and any other Relevant Member State where the Current Base Prospectus (and any supplements) have been notified to the competent authority in that Relevant Member State and published in accordance with the Prospectus Regulation.

LISTING AND ADMISSION TO TRADING APPLICATION

These Final Terms comprise the final terms required to list and have admitted to trading the Tranche(s) of ETC Securities described herein pursuant to Amundi Physical Metal Plc’s Secured Precious Metal Linked ETC Securities Programme.

LISTING

1. Listing and admission to trading:

Application has been made for the ETC Securities to be admitted to Euronext Paris and for the ETC Securities to be admitted to trading on the regulated market thereof. Application has also been made for the ETC Securities to be admitted to Euronext Amsterdam, the Deutsche Börse, the Borsa Italiana and for the ETC Securities to be admitted to trading on the regulated markets thereof. Application has also been made for the ETC Securities to be admitted to trading on the main market of the London Stock Exchange. Application has also been made for the ETC Securities to be admitted to trading on the International Quotation System of the Mexican Stock Exchange pursuant to the private placement exemptions established under the Ley del Mercado de Valores (Securities Market Law).

Application may be made for the ETC Securities to be listed on additional Stock Exchanges and admitted to trading on additional markets from time to time.

As at the date of these Final Terms, ETC Securities of this Series have been admitted to trading on Euronext Paris, Euronext Amsterdam, the Deutsche Börse, the Borsa Italiana, the London Stock Exchange and the International Quotation System of the Mexican Stock Exchange.

2. Estimate of total net proceeds of the issue:

USD 5,104,605.00

3. Estimate of total expenses related to admission to trading for the relevant Tranche:

€3,000

REASONS FOR THE OFFER

Reasons for the offer:

See section headed “Investing in the ETC Securities to gain exposure to gold price” in the Current Base Prospectus.

OPERATIONAL INFORMATION

ISIN:

FR0013416716

Common Code:

199119532

CFI:

DTZXXB

FISN:

AMUNDI PHYSICAL/DBT

SEDOL:

Listing Euronext Paris: BJ027Y1 FR

Listing Euronext Amsterdam: BJYGLG9 NL

Listing Deutsche Börse Xetra: BKF9G58 DE

Listing Borsa Italiana: BQXJCQ5

Listing London Stock Exchange: BLKQKY8

WKN (if applicable):

A2UJK0

Delivery:

Delivery free of payment.

SUMMARY

A. INTRODUCTION AND WARNINGS

A.1.1

Name and international securities identifier number (ISIN) of the securities

Series Amundi Physical Gold ETC due 2118 (the “Series”) issued under the Secured Precious Metals Linked ETC Securities Programme. ISIN Code: FR0013416716.

A.1.2

Identity and contact details of the issuer, including its legal entity identifier (LEI)

Amundi Physical Metals plc (the “Issuer”) is a public company limited by shares incorporated in Ireland. Its registered address is at 2nd Floor, Palmerston House, Fenian Street, Dublin 2, Ireland. The Issuer’s telephone number is +353 1 905 8020 and its legal entity identifier is 635400OKXTE2YQC92T76.

A.1.3

Identity and contact details of the competent authority approving the Base Prospectus

The Base Prospectus has been approved in accordance with Regulation (EU) 2017/1129 (the “Prospectus Regulation”) by the Central Bank of Ireland as competent authority. Address: New Wapping Street, North Wall Quay, Dublin 1. Telephone number: +353 1 224 6000.

A.1.4

Date of approval of the Base Prospectus

The Base Prospectus (the “Base Prospectus”) was approved on 3 May 2024 and may be amended and/or supplemented from time to time.

A.1.5

Warning

This summary has been prepared in accordance with Article 7 of the Prospectus Regulation and should be read as an introduction to the Base Prospectus. Any decision to invest in the exchange-traded, secured, limited recourse securities linked to the price of Gold of this Series (the “ETC Securities”) should be based on consideration by the investor of the Base Prospectus as a whole, including the related final terms for this Tranche (the “Final Terms”). Any investor could lose all or part of their invested capital. Where a claim relating to the information contained in the Base Prospectus is brought before a court, the plaintiff investor might, under the national legislation of the Member States of the European Union, be required to bear the costs of translating the Base Prospectus before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled this summary, including any translation thereof, but only if this summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read together with the other parts of the Base Prospectus, key information in order to aid investors when considering whether to invest in the ETC Securities. This document does not constitute an offer or invitation to any person to subscribe for or purchase any ETC Securities. It has been prepared in connection with the Final Terms.

B. KEY INFORMATION ON THE ISSUER

B.1

Who is the issuer of the securities?

B.1.1

Domicile, legal form, LEI, jurisdiction of incorporation and country of operation

The Issuer was incorporated on 4 December 2018 as a public limited company in Ireland under the Companies Act of Ireland 2014, as amended, with registration number 638962. Its legal entity identifier is 635400OKXTE2YQC92T76.

B.1.2

Principal activities

The Issuer has been established as a special purpose vehicle and has established a programme (the “Programme”) under which ETC Securities linked to gold (“Gold” or “Metal”) may be issued from time to time. Each Series of ETC Securities issued under the Programme will be linked to, and provide exposure to, the price of Gold.

B.1.3

Major Shareholders

The authorised share capital of the Issuer is €25,000, divided into 25,000 ordinary shares of €1 each, all of which have been issued and fully paid up. Such shares are held by Cafico Trust Company Limited on trust for charitable purposes.

B.1.4

Key managing directors

The directors of the Issuer are Rolando Ebuna, Máiréad Lyons and Mehdi Balafrej.

B.1.5

Identity of the statutory auditors