Amundi Physical Metals plc: New Gold ETC Issuance

Amundi Physical Metals plc has released the final terms for its latest issuance of Secured Precious Metal Linked ETC Securities. This tranche, numbered 653, involves the issuance of 165,000 ETC Securities as part of Amundi Physical Gold ETC. The securities aim to provide exposure to gold prices, structured under the base prospectus dated May 2019 and supplemented in 2020.

The initial metal entitlement for this tranche is set at 0.03968761 fine troy ounces per security. These securities are set to mature on May 23, 2118. The issuance date is scheduled for January 28, 2025, with regulatory approval obtained on April 25, 2019.

Amundi aims to list these securities across several major markets, including Euronext Paris, Amsterdam, the Deutsche Börse, and the London Stock Exchange. The total expenses for the market admission amount to €3,000, while the estimated net proceeds are approximately USD 18.2 million. These securities offer a total expense ratio of 0.12% per annum.