Amundi Physical Metals Plc Issues Final Terms for New ETC Securities

Amundi Physical Metals Plc has finalized the terms for the issuance of 25,000 ETC Securities under its Amundi Physical Gold ETC program. This marks the 781st tranche of the series. These securities are backed by precious metals and are linked to the current gold price. The initial metal entitlement per security is 0.04 fine troy ounces, evolving to 0.03964859 ounces on the subscription trade date.

The authorized participants for this issuance include prominent financial entities such as HSBC Bank plc, BNP Paribas Arbitrage SNC, and others. The Total Expense Ratio stands at 0.12% per annum. These securities are already listed on major exchanges, including Euronext Paris, Euronext Amsterdam, and the London Stock Exchange. The approval from the board for this issuance was secured on April 25, 2019, with the series having a scheduled maturity date set for May 23, 2118.