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RM INFRASTRUCTURE INCOME PLC
Legal Proceedings Report • Jan 15, 2024
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Legal Proceedings Report
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National Storage Mechanism | Additional information 
RNS Number : 5900Z
RM Infrastructure Income PLC
15 January 2024
| RM Infrastructure Income Plc |
| ("RMII" or the "Company") |
| LEI: 213800RBRIYICC2QC958 |
| Portfolio Update |
| RMII provides an update on investment loan reference #68, a 79 beds student accommodation located in city centre of Coventry, UK - wholly owned by the Company. The Company has been pursuing a legal claim against the former main contractor since September 2022 via an adjudication process. On the 2nd of January 2024, RMII was successfully awarded circa £1.2m by the adjudicator (or circa 1 pence per ordinary share), with circa 90% of said sums now having been received in cleared funds. Thomas Le Grix de La Salle, Portfolio Manager for RMII "The RM Funds Team have been pro-actively working in recovering value for our shareholders, and after many months of hard work it is very pleasing to be able to deliver a positive outcome for our shareholders." |
| For further information, please contact: |
| RM Infrastructure Income PLC [email protected] |
| Norman Crighton |
| Singer Capital Markers Advisory LLP 020 7496 3000 |
| James Maxwell |
| Asha Chotai |
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