RM INFRASTRUCTURE INCOME PLC

Net Asset Value • Nov 16, 2021

National Storage Mechanism | Additional information

RNS Number : 4424S

RM Infrastructure Income PLC

16 November 2021

RM Infrastructure Income Plc

("RMII" or the "Company")

LEI: 213800RBRIYICC2QC958

Net Asset Value

NAV

The Company's NAV % Total Return for the month of October was +0.36%, which brings the NAV % Total Return over the past six months to +5.91% and 12.99% over the past 12 months.

The Ordinary Share NAV as at 31st October 2021 was 97.03 pence per Ordinary Share, which is 0.35 pence higher than as at 30th September 2021. This overall gain comprises interest income net of expenses of 0.49 pence per Ordinary Share and a decrease in portfolio valuations of 0.14 pence per Ordinary Share (which includes all credit and currency movements).

Summary for October 2021 (pence per share)
Net interest income	+0.49p
Change in portfolio valuations	-0.14p
Net NAV Movement	+0.35p

Company Activity

The Company's invested portfolio is £129m across 34 investments. The average yield is 8.55% with a weighted average loan life remaining of 2.39 years. Overall, the portfolio is invested across 94% of private markets assets and 6% in public bonds. The percentage in fixed rate investments is 89%, however due to the short average duration of the portfolio, the manager believes the portfolio does not have significant exposure to interest rate movements.

Overall, October was an active month for the portfolio with a number of drawdowns under committed facilities within the Company's core sectors as well as an expected prepayment. The capital repaid by Valeo Foods towards the end of September 2021 was reinvested into Voyage Care 1st Lien bonds which mature in 2023. Voyage Care is a robust diversified operator of healthcare services in the UK and a borrower the Company already has exposure to. Loan reference 74, which relates to a portfolio of student accommodation assets was partially prepaid, alongside two further scheduled drawdowns totalling circa £1.2m from the care home committed construction facilities which are both progressing well, on time and within budget.

The pipeline within our core sectors remains robust with the Investment Manager currently working on a number of transaction opportunities, totalling circa £20m.

The Company also announces that the Monthly Report for the period to 31 May 2021 is now available to be viewed on the Company website:

https://rm-funds.co.uk/rm-infrastructure-income/rm-funds-investor-monthly-fact-sheets-2/

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For further information, please contact:

RM Capital Markets Limited - Investment Manager

James Robson

Pietro Nicholls

Thomas Le Grix De La Salle

Tel: 0131 603 7060

International Fund Management - AIFM

Chris Hickling

Shaun Robert

Tel: 01481 737600

Tulchan Group - Financial PR

James Macey White

Elizabeth Snow

Tel: 0207 353 4200

PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary

Brian Smith

Ciara McKillop

Tel: 020 4513 9260

Singer Capital Markers Advisory LLP - Financial Adviser and Broker

James Maxwell

Asha Chotai

Tel: 020 7496 3000

Peel Hunt LLP - Financial Adviser and Broker

Luke Simpson

Liz Yong

Tel: 020 7418 8900

About RM Infrastructure Income

RM Infrastructure Income Plc ("RMII" or the "Company") is a closed-ended investment trust established to invest in a portfolio of secured debt instruments.

The Company aims to generate attractive and regular dividends through loans sourced or originated by the Investment Manager with a degree of inflation protection through index-linked returns where appropriate. Loans in which the Company invests are predominantly secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.

For more information, please see

https://rm-funds.co.uk/rm-infrastructure-income/

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