RM INFRASTRUCTURE INCOME PLC

Regulatory Filings • Feb 21, 2025

National Storage Mechanism | Additional information

RNS Number : 9059X

RM Infrastructure Income PLC

21 February 2025

RM Infrastructure Income Plc
("RMII" or the "Company")
LEI: 213800RBRIYICC2QC958
Net Asset Value
# NAV Performance The NAV % Total Return for January 2025 was 0.35%, which takes the NAV % Total Return to 0.35% over the past six months, and 2.72% over the past 12 months. The NAV as at 31st January 2025 was 85.79 pence per Ordinary Share, which was 0.297 pence higher than at 31st December 2024. This increase in NAV was predominantly driven by a positive net interest income of 0.386 pence per Ordinary Share, which was slightly offset by minor movements in mark-to-market valuation movements. # Portfolio Activity As at 31st January 2025, the Company's invested portfolio had an aggregate nominal outstanding of circa £81 million across 18 investments. The average yield13 was 12.44%, with a weighted average loan life remaining of circa 0.76 years10. Cash balances at end of January 2025 stood at circa £9m of which circa £1.5m will be retained by the Company largely to fund remaining committed facilities which have yet to be drawn, as well as to hold sufficient funds for working capital purposes. Post month end, RM successfully completed a material redemption of investment loans Ref #66 & #67, with the receipt of a net cash consideration of £11.5m, or c.96% of their respective December 2024 marks. In addition, the Company has received the benefit of a further fixed charge security over the operational property of investment loan Ref #99 (where the company currently holds a c.£2.9m senior secured). Following the above, cash balances at the current date sit at circa £20m . Further updates regarding the Company's Managed Wind-Down process and subsequent return(s) of capital to Shareholders will be announced by the Board as and when appropriate.
The Company also announces that the Monthly Report for the period to 31st January 2025 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
Thomas Le Grix De La Salle
Tel: 0131 603 7060
FundRock Management Company (Guernsey) Limited - AIFM
Chris Hickling
Dave Taylor
Tel: 01481 737600
Apex Listed Companies Services (UK) Ltd - Administrator and Company Secretary
Jenny Thompson
Tel: 07767102572
Singer Capital Markers Advisory LLP - Financial Adviser and Broker
James Maxwell
Asha Chotai
Tel: 020 7496 3000
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. On 20 December 2023, shareholders approved the implementation of the Managed Wind-down of the Company. Accordingly, the Company's investment objective was restated as follows: "The Company aims to conduct an orderly realisation of the assets of the Company, to be effected in a manner that seeks to achieve a balance between returning cash to Shareholders promptly and maximising value."
For more information, please see
https://rm-funds.co.uk/rm-infrastructure-income/

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