Amundi Physical Metals plc Announces Final Terms for Latest Tranche of Physical Gold ETC Securities

Amundi Physical Metals plc disclosed the final terms for a new tranche of ETC Securities under its Secured Precious Metal Linked ETC Securities Programme. The announcement, made on April 9, 2024, introduces the issuance of 122,000 ETC Securities, marking Tranche 541 of the Amundi Physical Gold ETC. These securities are aimed at offering investors exposure to the gold market.

According to the document, these final terms are part of regulatory compliance under the UK Prospectus Regulation, using a base prospectus dated May 9, 2023, along with a supplement dated July 14, 2023. The issuance brings the total number of ETC Securities to 52,198,655.

The final terms highlight an initial metal entitlement of 0.04 fine troy ounces per ETC Security, with a metal entitlement as of the Subscription Trade Date for this tranche at 0.0397264. The issue date for these securities is slated for April 4, 2024, with a long-term scheduled maturity date of May 23, 2118. Amundi Physical Metals plc has kept the total expense ratio to a minimum of 0.12% per annum.

Furthermore, the final terms document details the listing and trading provisions for these ETC Securities, indicating applications for admission on several major exchanges such as Euronext Paris, Deutsche Börse, and the London Stock Exchange, among others. The document also lists a comprehensive roster of authorized participants involved in the offering, including notable entities like HSBC Bank plc and Jane Street Financial Limited.