on Amundi Physical Metals Plc
Amundi Physical Metals plc Issues New Tranche of ETC Securities
Amundi Physical Metals plc has issued 388,000 ETC Securities as part of its Secured Precious Metal Linked ETC Securities Programme. This issuance is categorized as Tranche 626 of the Amundi Physical Gold ETC series. The securities, linked to the price of gold, were made available on December 6, 2024.
The initial metal entitlement for this tranche was set at 0.03969427 fine troy ounces. The scheduled maturity date for these securities is May 23, 2118. This issuance brings the total number of ETC Securities in the series to over 49 million. The securities are to be listed on major European stock exchanges including Euronext Paris and the London Stock Exchange, among others.
HSBC Bank plc and other financial entities are designated as Authorised Participants. The fixed annual Total Expense Ratio is 0.12%. The ETC Securities were approved by the board on April 25, 2019, and are structured as a non-exempt offering.
R. P.
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