RM INFRASTRUCTURE INCOME PLC

Legal Proceedings Report • Jul 31, 2023

National Storage Mechanism | Additional information

RNS Number : 6269H

RM Infrastructure Income PLC

31 July 2023

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION FOR WHICH THE SAME COULD BE UNLAWFUL.

RM Infrastructure Income PLC

(the ''Company'' or "RMII")

LEI: 213800RBRIYICC2QC958

Shareholder Update

Following the Company's shareholder consultation announced on 23 May 2023, certain shareholders requested a further update on progress by the end of July.  To that end, the Company announces that it continues to actively progress discussions regarding a potential combination of its assets with another suitable investment company or fund.  

Since the Company's last update on 10 July 2023, the Board received an additional proposal under s110 of the Insolvency Act 1986 which is under consideration alongside one other proposal highlighted in the 10 July 2023 announcement, however at this time there remains no certainty that either of the approaches received will develop into a recommendable transaction.  For the avoidance of doubt, neither approach anticipates any offer for the Company, recommended or otherwise, under the City Code on Takeovers and Mergers.

The Company will provide a further update when appropriate.  In the meantime, the Company confirms that it will not make any new investments, save where it is required to preserve the value of an existing investment or where further capital is being drawn against an existing commitment or facility, with cash received from maturing loans used to continue to reduce the Company's leverage and buy back shares as appropriate.

For further information, please contact:

RM Infrastructure Income plc Norman Crighton	RMInfraCoSecmailbox@apexfs.group
Singer Capital Markets James Maxwell Asha Chotai Peel Hunt LLP Luke Simpson Liz Yong	020 7496 3000 020 7418 8900

About RM Infrastructure Income PLC 

The Company aims to generate attractive and regular dividends and positive social impact by lending to assets at the forefront of providing essential services to society.

Its diversified portfolio of 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.

About RM Funds

RM Funds is an alternative asset manager. Founded in 2010, with offices in Edinburgh, and London, the firm manages capital on behalf of institutional investors, multi-asset allocators, wealth managers and retail investors. RM Funds focuses on real asset investing across liquid alternatives and private markets.

RM Funds is a delivery partner to the British Business Bank in connection with the Coronavirus Business Interruption Loan Scheme. RM Funds is a trading name of RM Capital Markets Limited.

RM Funds is a signatory to the Principles of Responsible Investment.

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