Amundi Physical Metals plc Announces Issue of New ETC Securities

Amundi Physical Metals plc has detailed the issuance of 54,900 new ETC Securities under its Secured Precious Metal Linked ETC Securities Programme. These securities, part of Tranche 544, relate to the Amundi Physical Gold ETC offering, providing investors with exposure to gold prices. The final terms were set on 5 April 2024, aiming to broaden investment opportunities in physical gold.

The issuance is significant, marking the addition of nearly 55,000 ETC Securities to an already considerable total of over 52 million securities under the Amundi Physical Gold ETC. This move reflects an ongoing interest in gold as an investment asset, with the ETC Securities offering a transparent, exchange-traded avenue for investors seeking exposure.

Applications have been made for the new tranche's listing and trading on several major exchanges, including Euronext Paris, Euronext Amsterdam, the Deutsche Börse, Borsa Italiana, and the London Stock Exchange, alongside the International Quotation System of the Mexican Stock Exchange. This wide listing aims at enhancing the liquidity and accessibility of the Amundi Physical Gold ETC to a broad investor base.

Investors should note the key operational details, including the ISIN: FR0013416716, and the anticipated total net proceeds from the issue, set at approximately USD 5,013,039.78. The Total Expense Ratio (TER) for managing the ETC Securities remains competitive at 0.12% per annum, signaling Amundi’s commitment to offering cost-effective investment solutions.