Amundi Physical Metals PLC: Final Terms of Gold ETC Issuance

Amundi Physical Metals PLC announced the final terms for its issuance of 50,000 ETC Securities on November 18, 2024. These securities belong to the Amundi Physical Gold ETC, specifically tranche number 617, aimed at investors seeking exposure to gold prices.

The metal entitlement per security decreased to 0.03969675 troy ounces, down from the initial 0.04. The scheduled maturity date is May 23, 2118, showcasing a long-term commitment. The total expense ratio is set at 0.12% per annum, reflecting the nominal operational costs associated with maintaining these securities.

The securities are set to be listed and traded on multiple prominent exchanges including Euronext Paris, Euronext Amsterdam, the Deutsche Börse, the Borsa Italiana, and the London Stock Exchange. The estimated net proceeds from the issue amount to approximately USD 5,104,605 with associated admission expenses of €3,000.