on Amundi Physical Metals Plc
Amundi Physical Metals plc: Issue of New ETC Securities
Amundi Physical Metals plc has announced the final terms for the issuance of 197,000 ETC Securities as part of its Amundi Physical Gold ETC series. This latest tranche, numbered 719, increases the total number of ETC Securities to 59,893,859. The initial metal entitlement for this series was set at 0.04 fine troy ounces and adjusted to 0.03966594 for this tranche, reflecting market conditions.
The issue date for these ETC Securities is set for 11 July 2025, with a scheduled maturity date extending to 23 May 2118. The securities are designed to offer investors exposure to gold prices, aligning with Amundi's overarching strategy under its Secured Precious Metal Linked ETC Securities Programme.
This series has received regulatory approval for listing and trading on major markets including Euronext Paris, Euronext Amsterdam, and the London Stock Exchange. The total expense ratio for these securities is 0.12% per annum, offering a competitive investment vehicle for those seeking a gold-backed asset.
R. P.
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