Amundi Physical Metals: Final Terms for Gold ETC Securities

Amundi Physical Metals plc has released the final terms for its Amundi Physical Gold ETC Securities, marked as Tranche 679, with an issuance of 505,000 securities. This brings the aggregate number of securities in the series to 56,573,859. The initial metal entitlement is set at 0.04 fine troy ounces, with the latest tranche offering a slightly reduced entitlement of 0.03967795.

The securities, first issued on 23 May 2019, will have a scheduled maturity date of 23 May 2118. Trading applications have been made for Euronext Paris, Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange, among others. The offering aims to provide exposure to gold price dynamics.

Key participants include major financial entities such as HSBC and BNP Paribas Arbiter SNC, operating under a total expense ratio of 0.12% per annum. The issue price is connected to a nominal amount of USD 5.085, reflecting significant investor interest.