iShares Physical Platinum ETC issues 28,000 new securities

Published 06/11/2025, 13:06
iShares Physical Platinum ETC issues 28,000 new securities

LONDON - iShares Physical Metals Plc announced the issuance of 28,000 new securities of its iShares Physical Platinum ETC, representing Tranche Number 300 of the series. The securities were issued on November 7, 2025, according to a final terms document released Thursday.

The new securities have an issue price of $22.248578 and a metal entitlement of 0.014298575 troy ounces of platinum per security. This latest issuance increases the total number of securities in the series from 11,532,391 to 11,560,391.

The platinum-backed securities trade on the London Stock Exchange and may be admitted to trading on the Frankfurt Stock Exchange and Borsa Italiana in the future. They are denominated in U.S. dollars and structured as undated securities with no final maturity date.

The securities are part of iShares’ Secured Precious Metal Linked Securities Programme and are backed by physical platinum held in allocated accounts. The company maintains a total expense ratio of 0.20% per annum for this series.

Authorized participants for the series include Susquehanna Ireland Limited, Credit Suisse Securities, Morgan Stanley, Virtu Financial Ireland, Jane Street Financial, Merrill Lynch International, Flow Traders, Optiver, Citigroup Global Markets, and HSBC Bank.

JPMorgan Chase Bank serves as the metal counterparty for the series, while Citibank N.A. London Branch acts as the paying agent.

The information was disclosed in a final terms document filed with the London Stock Exchange based on a press release statement from the company.

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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