Amundi Physical Metals plc Issues New ETC Securities

Amundi Physical Metals plc has issued 220,000 ETC Securities under its Amundi Physical Gold ETC programme. This represents Tranche 785, adding to a total of 67,167,759 ETC Securities in the series. The issued securities provide exposure to the gold price, with the initial metal entitlement set at 0.04 fine troy ounces. Notably, the issuance's maturity extends to May 23, 2118.

The series, linked to secured precious metals, is now admitted for trading across major exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange. The total expense ratio for these securities stands at 0.12% per annum, with a nominal amount of USD 5.085, reflecting 10% of the issue price per ETC Security.

Participating agents include HSBC Bank plc and BNP Paribas Arbitrage SNC among others. These securities aim to attract investors seeking exposure to gold via exchange-traded instruments, as outlined in the prospectus approved by the UK Financial Conduct Authority.