Amundi Physical Metals plc: UK Final Terms Announced

Amundi Physical Metals plc has unveiled the final terms for its issuance of ETC Securities under its Secured Precious Metal Linked ETC Securities Programme. The new tranche includes 589,800 ETC Securities, categorized as Tranche 545 of Amundi Physical Gold ETC.

The terms indicate that each security offers an initial metal entitlement of 0.04 fine troy ounces of gold, adjusted to 0.03972457 fine troy ounces as of the subscription trade date. The issue date for this tranche is set for 18 April 2024.

Applications for listing have been submitted for multiple exchanges, including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange. The estimated total net proceeds of the issue stand at USD 55,508,142.30, with associated expenses estimated to be around €3,000.

The ETC Securities will mature on 23 May 2118, providing long-term exposure to gold prices. Several authorized participants for this issue include HSBC Bank plc, Jane Street Financial Limited, and BNP Paribas Arbitrage SNC.