Amundi Physical Metals plc: Final Terms for Gold ETC Securities Issuance

Amundi Physical Metals plc has announced final terms for issuing 650,000 ETC Securities, labeled as Tranche 775, under its Secured Precious Metal Linked ETC Securities Programme. This issuance increases the total number of securities to 66,433,759. The initial metal entitlement is set at 0.04 fine troy ounces, reducing slightly for this tranche.

The securities, first issued on 23 May 2019, are slated to mature on 23 May 2118. The ETC Securities program aims to offer investors exposure to gold prices. A total expense ratio of 0.12% per annum applies. Applications for trading have been made across multiple platforms, including Euronext Paris and the London Stock Exchange.

Lead participants like HSBC Bank and BNP Paribas support the issuance. The securities have been listed on important markets, promising liquidity and flexibility for investors seeking exposure to gold.