Amundi Physical Metals plc Announces New Tranche of Physical Gold ETC Securities

Amundi Physical Metals plc disclosed the final terms for a new tranche of its Physical Gold Exchange-Traded Commodities (ETCs), securing further investment in gold. Dated 25 March 2024, this release marks the issuance of 175,000 ETC securities. This new tranche, numbered 539, contributes to the ongoing series aimed at offering investors exposure to physical gold prices.

The issuance contributes to an aggregate total of 52,313,655.00 ETC securities for the Amundi Physical Gold ETC. Each security from the new tranche promises an initial metal entitlement of 0.03972745 fine troy ounces as of the subscription trade date. The series, which was first issued on 23 May 2019, has a scheduled maturity date set for 23 May 2118. These securities are part of Amundi's Secured Precious Metal Linked ETC Securities Programme, targeting investments linked to the price of physical gold.

For this tranche, HSBC Bank plc, Jane Street Financial Limited, Flow Traders B.V., among other notable authorized participants, facilitate the issuance and trade. The ETC securities carry a total expense ratio of 0.12% per annum. With active submissions made for listing and trading across Euronext Paris, Euronext Amsterdam, Deutsche Börse, and other significant exchanges, this tranche aims for broad accessibility to investors seeking gold exposure.