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LONDON - Amundi Physical Metals plc has announced the issuance of Tranche 666, adding 70,500 securities to its Amundi Physical Gold ETC, under its Secured Precious Metal Linked ETC Securities Programme. This brings the total number of ETC Securities of the Amundi Physical Gold ETC series to 54,348,059.00 immediately following the issue.
The new tranche, issued on March 11, 2025, comes with an initial metal entitlement of 0.03968212 fine troy ounces per security. The series, first issued on May 23, 2019, has a scheduled maturity date of May 23, 2118, with a total expense ratio of 0.12% per annum.
Amundi Physical Metals plc has made applications for the ETC Securities to be admitted to trading on regulated markets including Euronext (EPA:ENX) Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the London Stock Exchange (LON:LSEG), and the International Quotation System of the Mexican Stock Exchange.
The ETC Securities aim to provide investors with exposure to gold prices without the need to take physical delivery. The securities are linked to the performance of gold and are designed to offer a similar level of participation as a direct investment in the precious metal.
Investors should note that the securities do not pay periodic interest, and returns will be subject to the performance of gold, market perception, creditworthiness of transaction parties, and liquidity on the secondary market. The securities are secured, limited recourse obligations, and in the event of insolvency, investors will only have claims against the secured property.
The information is based on a press release statement and investors are advised to read the base prospectus, including the related final terms for the tranche, for full details on the issuer and the offer of the ETC Securities.
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