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PARIS - Amundi Physical Metals plc (GLDA) has announced the issuance of an additional 644,000 ETC Securities, which will be Tranche 692 under its Amundi Physical Gold ETC. This issuance, dated May 12, 2025, is part of the company’s Secured Precious Metal Linked ETC Securities Programme and follows the Base Prospectus dated May 20, 2019, as supplemented on March 4, 2020, and the Current Base Prospectus dated April 28, 2025.
The newly issued ETC Securities will increase the total number of ETC Securities immediately following the issue to 60,926,859.00. Each ETC Security, as of the Series Issue Date of May 23, 2019, represents an entitlement to 0.04 fine troy ounces of gold. The Metal Entitlement as of the Subscription Trade Date has been adjusted to 0.03967351 fine troy ounces.
The Issue Date for the relevant Tranche of ETC Securities is set for May 14, 2025, with the Scheduled Maturity Date extending far into the future to May 23, 2118. The Total (EPA:TTEF) Expense Ratio for the ETC Securities is maintained at 0.12% per annum.
Applications have been made for the ETC Securities to be admitted to trading on multiple European exchanges, including Euronext (EPA:ENX) Paris, Euronext Amsterdam, Deutsche Börse, and Borsa Italiana, as well as on the main market of the London Stock Exchange (LON:LSEG). These applications extend to the International Quotation System of the Mexican Stock Exchange under private placement exemptions.
The ETC Securities are backed by gold and offer investors a way to gain exposure to gold prices without taking physical delivery. The gold backing the ETC Securities is held securely by HSBC Bank plc as the Custodian, generally on an allocated basis, ensuring that the gold is held in segregated accounts.
This issuance is part of Amundi’s ongoing efforts to provide investors with secure investment opportunities linked to precious metals. The information is based on a press release statement and aims to present a balanced view of the company’s latest addition to its gold-backed exchange-traded commodities.
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