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LONDON - Xtrackers ETC plc has issued an amendment to the final terms for Tranche 551 of its Series 2 Xtrackers IE Physical Gold ETC Securities due 23 April 2080, according to a regulatory filing published Monday.
The company corrected the tranche number to 551 at the top of the document, which was initially released earlier on Monday. All other details in the filing remain unchanged.
The amended final terms detail the issuance of 69,000 ETC Securities, which will increase the total number of securities in the series to 110,905,330 following the tranche issue date of November 18, 2025.
The gold-backed securities have a metal entitlement per security of 0.0153876249 fine troy ounces as of the subscription trade date of November 15, 2025. The issue price per security is $53.916.
According to the filing, the ETC securities are denominated in U.S. dollars and are secured by physical gold held by J.P. Morgan Chase Bank, N.A. as custodian. The securities have a base fee percentage of 0.11% per annum.
Applications have been made for the securities to be admitted to trading on the Frankfurt Stock Exchange, Borsa Italiana, and the London Stock Exchange. The estimated total net proceeds of the issue amount to $3,720,204.
The information was provided in a regulatory announcement to the London Stock Exchange based on a press release statement from the company.
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