Gold Bullion Securities
LGLBF
Other OTC- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United Kingdom
- IPO Date
- Sep 18, 2007
- Similar Companies
- Business
- Gold Bullion Securities Limited (LGLBF) issues Gold Bullion Securities, a UCITS eligible exchange traded commodity (ETC) that provides investors with simple, cost-efficient and secure exposure to the physical gold spot price, less the 0.40% management expense ratio; the product is structured as a Jersey law governed, uncertificated, registered, collateralised debt security backed 100% by physical allocated gold bars conforming to London Bullion Market Association (LBMA) Good Delivery standards, held in custody by HSBC Bank plc in London vaults inspected twice annually by Inspectorate International; authorised participants create and redeem securities through delivery or receipt of qualifying LBMA gold, with each security's metal entitlement published daily and adjusted for fees, enabling exchange-traded liquidity across multiple European listings including London Stock Exchange (GBS/GBSS), Paris (GBS:PAR:EUR) and others under ISIN GB00B00FHZ82. The company targets retail and institutional investors seeking gold market access without direct storage, insurance or delivery management, operating primarily in the United Kingdom and Europe with global exchange trading availability; founded in 2004 and domiciled in Jersey with registrar services by Computershare Investor Services (Jersey) Ltd, trustee by The Law Debenture Trust Corporation p.l.c., and oversight by the Jersey Financial Services Commission and UK Financial Conduct Authority; the ETC offers physical delivery to LBMA accounts, Sharia compliance, ISA eligibility and no metals lending, with total assets under management exceeding USD 3.9 billion as of recent data. In recent developments, WisdomTree UK Limited serves as the PRIIPs manufacturer and marketing agent following its 2021 acquisition of ETF Securities (formerly ETF Securities Limited, which acquired the Gold Bullion Securities products in 2008 from prior holders including the World Gold Council), enhancing distribution and rebranding efforts across WisdomTree platforms; the Key Information Document was updated as of July 2024, reflecting ongoing regulatory compliance and performance disclosures amid strong gold price gains (year-to-date +28.92% for the benchmark); no major new product launches, funding rounds or operational shifts reported in 2024-2025, with stable service providers including a June 2024 company secretary transition.