Amundi Physical Metals plc Issues 110,000 ETC Securities

Amundi Physical Metals plc has issued a new tranche of 110,000 ETC Securities under its Amundi Physical Gold ETC secured program. This marks the 924th tranche issuance, adding to a series total of 79,607,859 ETC Securities. The Metal Entitlement at the Issue Date was noted as 0.03960544 fine troy ounces.

The securities are set to mature on 23 May 2118, and were approved by the board on 25 April 2019. The Total Expense Ratio is 0.12% per annum. The issue targets investors in several European countries where the prospectus has been recognized, alongside Mexico under private placement.

HSBC, Jane Street Financial, and other financial firms are identified as authorized participants. Trading applications have been made for markets including Euronext Paris, the London Stock Exchange, and the Deutsche Börse.

The nominal amount is fixed at USD 5.085, with a specified interest amount of USD 0.051. The firm's main purpose is to offer exposure to gold prices, reflecting its strategic activity of linking securities to gold.