8 unchanged sentences
and the custodian is ICBC Standard Bank Plc (the “Custodian”).
−Removed: Trust’s Shares at redeemable value decreased from $44,801,455, at June 30, 2022 to $34,919,057, at June 30, 2023, the Trust’s
+Added: Trust’s Shares at redeemable value increased from $34,919,057, at June 30, 2023 to $43,119,275, at June 30, 2024, the Trust’s
fiscal year end.
−Removed: The Outstanding Shares in the Trust decreased from 5,050,000 Shares on June 30, 2022 to 4,000,000 Shares on June 30,
+Added: The Outstanding Shares in the Trust increased from 4,000,000 Shares on June 30, 2023 to 4,400,000 Shares on June 30,
Trust is not managed like a corporation or an active investment vehicle.
90 unchanged sentences
Total Mine Production
−Removed: Autocatalyst Recycling
−Removed: Jewelry and Electrical
−Removed: Autocatalysts
+Added: Jewelry and Electrical Recycling
Medical and biomedical
+Added: Movement in Stocks
Johnson Matthey, PGM Market Report 2023, published May 2024
280 unchanged sentences
Bank of New York Mellon, a banking corporation organized under the laws of the State of New York with trust powers, serves as the Trustee.
−Removed: The Bank of New York Mellon has a trust office at 2 Hanson Place, 9th Floor, Brooklyn, New York 11217.
−Removed: The Bank of New York Mellon is
−Removed: subject to supervision by the New York State Department of Financial Services and the Board of Governors of the Federal Reserve System.
+Added: The Bank of New York Mellon has a trust office at 240 Greenwich Street New York, NY 10286, United States.
+Added: The Bank of New York Mellon
+Added: is subject to supervision by the New York State Department of Financial Services and the Board of Governors of the Federal Reserve System.
A copy of the Trust Agreement is available for inspection at The Bank of New York Mellon’s trust office identified above.
182 unchanged sentences
Shareholder” is a Shareholder that is:
−Removed: individual who is treated as a citizen or resident of the United States for United States federal income tax purposes;
−Removed: corporation (or entity treated as a corporation for United States federal income tax purposes) created or organized in or under the
−Removed: laws of the United States, any state thereof or the District of Columbia;
−Removed: estate, the income of which is includible in gross income for United States federal income tax purposes regardless of its source;
−Removed: trust, if a court within the United States is able to exercise primary supervision over the administration of the trust and one or
−Removed: more United States persons have the authority to control all substantial decisions of the trust, or a trust that has made a valid
−Removed: election under applicable Treasury Regulations to be treated as a domestic trust.
+Added: an individual who is treated
+Added: as a citizen or resident of the United States for United States federal income tax purposes;
+Added: a corporation (or entity
+Added: treated as a corporation for United States federal income tax purposes) created or organized in or under the laws of the United States,
+Added: any state thereof or the District of Columbia;
+Added: an estate, the income of
+Added: which is includible in gross income for United States federal income tax purposes regardless of its source;
+Added: a trust, if a court within
+Added: the United States is able to exercise primary supervision over the administration of the trust and one or more United States persons
+Added: have the authority to control all substantial decisions of the trust, or a trust that has made a valid election under applicable
+Added: Treasury Regulations to be treated as a domestic trust.
Shareholder that is not a U.S.
209 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.