Amundi Physical Metals plc: Final Terms Announced

Amundi Physical Metals plc, known for its gold-backed ETC securities, has unveiled the final terms for its latest issue dated 17 October 2024. This issuance is part of the Secured Precious Metal Linked ETC Securities Programme. Specifically, 940,000 ETC securities were issued, comprising Tranche 608 under the Amundi Physical Gold ETC series.

The initial metal entitlement at the series issue was established at 0.04 fine troy ounces, which slightly adjusted to 0.03970053 at the tranche’s subscription trade date. The issuance date of these securities was set for 21 October 2024, with a long-term scheduled maturity extending to 23 May 2118.

Crucial among the details, the total expense ratio stands at 0.12% annually. This tranche is poised for trading on several prominent exchanges, including Euronext Paris, the London Stock Exchange, and Deutsche Börse. The issuer expects net proceeds to reach approximately USD 100,343,872, after accounting for expenses related to the exchange admissions.