on Amundi Physical Metals Plc
Amundi Physical Metals plc Announces Issuance of Physical Gold ETC Securities
Amundi Physical Metals plc (GLDA) has disclosed the final terms for a new issuance under its Secured Precious Metal Linked ETC Securities Programme, aimed at investors seeking exposure to physical gold. This issuance, dated 2 April 2024, marks the 541st tranche of Amundi Physical Gold ETC, adding 122,000 ETC Securities to an aggregate total of 52,198,655 securities. Each ETC Security issued grants an entitlement to 0.04 fine troy ounces of gold, with a scheduled maturity date set for 23 May 2118.
The issuer emphasizes that full details of the offering are available only when the final terms document is read in conjunction with its Base Prospectus and relevant supplements. This launch is backed by approvals and listings across major European exchanges and the Mexican Stock Exchange, highlighting the global accessibility and regulatory compliance of the offering. The Total Expense Ratio for these securities has been set at 0.12% per annum, aligning with the program's cost-efficient structure for gold investment.
With a nominal amount set at USD 5.085 and a specified interest amount at USD 0.051, this offer reflects Amundi's continued commitment to providing investors with transparent and secure options for precious metal investment. The listing and trading applications have been successfully filed across major global exchanges, ensuring wide accessibility for prospective investors.
R. E.
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