iShares Physical Metals issues 144,000 silver ETC securities

Published 26/11/2025, 13:14
iShares Physical Metals issues 144,000 silver ETC securities

LONDON - iShares Physical Metals Plc announced the issuance of 144,000 securities of its iShares Physical Silver ETC, representing Tranche Number 970 of the series. The securities were issued on November 27, 2025, according to a statement released by the company on Wednesday.

The issue price was set at $48.7865 per security with a metal entitlement of 0.952768183 troy ounces of silver per security. Following this issuance, the total number of securities in the series will increase from 64,991,740 to 65,135,740.

The securities have been admitted to trading on the regulated market of the London Stock Exchange. They may also be admitted to trading on the Frankfurt Stock Exchange and Borsa Italiana in the future, the company said.

iShares Physical Silver ETC securities are backed by physical silver held in allocated form by the custodian. The total expense ratio for these securities is 0.20% per annum, which is applied to the metal entitlement on a daily basis.

The securities are open-ended with no final maturity date. Investors can buy and sell the securities through financial intermediaries on exchanges where the securities are listed.

The information was provided in the final terms document for the securities issued under the company’s Secured Precious Metal Linked Securities Programme.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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