On Friday, Amundi Physical Metals plc announced the issuance of a new tranche of its Amundi Physical Gold ETC, bringing the aggregate number of ETC securities of the series to 47,737,455.00. This tranche, numbered 620, consists of 400,000.00 ETC Securities and was issued under the company's Secured Precious Metal Linked ETC Securities Programme.
The issued ETC Securities are tied to a metal entitlement of 0.03969609 fine troy ounces as of the subscription trade date, which is not the first tranche of ETC Securities of the series. The series issue date was previously set on May 23, 2019, and the scheduled maturity date extends far into the future, to May 23, 2118.
Amundi has set the total expense ratio for these ETC Securities at 0.12% per annum. The nominal amount is set at USD 5.085, which represents 10 percent of the issue price per ETC Security as at the series issue date. Additionally, a specified interest amount of USD 0.051, equating to 1 percent of the nominal amount, is also established.
The ETC Securities are designed to provide investors with exposure to gold prices without the need for physical delivery. The issuer, Amundi Physical Metals plc, has been established as a special purpose vehicle, and the offer of ETC Securities is linked to the performance of gold. The securities have been admitted to trading on several major exchanges, including Euronext (EPA:ENX) Paris, Euronext Amsterdam, the Deutsche Börse, the Borsa Italiana, the London Stock Exchange (LON:LSEG), and the International Quotation System of the Mexican Stock Exchange.
Investors interested in the Amundi Physical Gold ETC can find full information on the issuer and the offer based on the combination of this final terms document and the base prospectus dated May 20, 2019, along with the current base prospectus dated May 3, 2024, and the supplement dated July 26, 2024. The ISIN for the series is FR0013416716.
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