REG - RM Infrastructure RM SecDirect - RMDC - Confirmation of Tender Price and Shares Availble

RM Infrastructure IncomeAnnouncement

20/06/2025 07:00

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RNS Number : 6360N  RM Infrastructure Income PLC  20 June 2025

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR
PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, ANY
MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY OTHER JURISDICTION WHERE ITS
RELEASE, PUBLICATION OR DISTRIBUTION IS OR MAY BE UNLAWFUL. THE INFORMATION
CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY
JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN INVITATION TO
PARTICIPATE IN THE TENDER OFFER (AS DEFINED HEREIN) IN OR FROM ANY
JURISDICTION IN OR FROM WHICH, OR TO OR FROM ANY PERSON TO OR FROM WHOM, IT IS
UNLAWFUL TO MAKE SUCH OFFER UNDER APPLICABLE SECURITIES LAWS OR OTHERWISE.

20 June 2025

RM Infrastructure Income Plc

(the "Company" or "RMII")

LEI: 213800RBRIYICC2QC958

Confirmation of Tender Price and Shares Available

Further to the Company's announcement dated 29 May 2025, the Company confirms
that the Tender Price at which the Tender Offer is being made is 80.52 pence
per Ordinary Share, equal to the Net Asset Value ("NAV") per Ordinary Share as
at 31 May 2025.

The Company also announces that the final maximum aggregate value of the
Tender Offer is £17,414,722. Therefore, the total number of Tender Offer
shares available for purchase by Singer Capital Markets (on behalf of the
Company) is 21,627,821, resulting in a Basic Entitlement percentage of 22.18%
for Eligible Shareholders.

An Eligible Shareholder tendering up to their Basic Entitlement will have
their tender satisfied in full. Any Eligible Shareholder tendering more than
their Basic Entitlement will have their Excess Application satisfied if there
are sufficient remaining Available Shares. Such Available Shares shall be
apportioned to Eligible Shareholders pro rata to their Excess Applications
should other Eligible Shareholders not tender the full amount of their Basic
Entitlement and as a result of certain Overseas Shareholders not being
permitted to participate in the Tender Offer.

Basic Entitlements will be calculated by reference to registered shareholdings
as at the Tender Record Date and will be rounded down to the nearest whole
number of Ordinary Shares.

Expected Timetable of Principal Events

                                                                                2025
 Latest time and date for receipt of Forms of Proxy, appointments of proxy via  12.00 p.m. on 20 June
 CREST or any other electronic voting instructions for the General Meeting

 Latest time and date for receipt of Tender Forms, settlement of TTE            1.00 p.m. on 23 June
 Instructions in CREST and Tender Offer Closing Date

 Tender Record Date                                                             6.00 p.m. on 23 June
 Time and date of General Meeting                                               12.00 p.m. on 24 June

 Result of General Meeting and Tender Offer expected to be announced            24 June

 Completion of the Tender Offer                                                 25 June
 CREST settlement date: Payments through CREST made and CREST accounts settled  By 1 July

 CREST accounts settled in respect of unsold tendered Ordinary Shares held in   By 1 July
 uncertificated form

 Cheques and balancing share certificates despatched to certificated            By 1 July
 Shareholders

All references to times in this announcement are to London time.

Capitalised terms in this announcement shall have the same meanings attributed
to them in the Circular unless otherwise defined in this announcement.

The Circular can be viewed on the Company's website at
https://rm-funds.co.uk/rm-infrastructure-income/
(https://rm-funds.co.uk/rm-infrastructure-income/) and at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

For further information, please contact:

 RM Funds - Investment Manager                                  0131 603 7060

 James Robson

 Thomas Le Grix De La Salle

 Singer Capital Markets - Financial Adviser and Broker          020 7496 3000

 James Maxwell

 Asha Chotai

 Apex Listed Funds Services (UK) Limited - Administrator and    020 3327 9720
 Company Secretary

 Grace Goudar

 Sylvanus Cofie

 

IMPORTANT INFORMATION

 

The distribution of this announcement in certain jurisdictions may be
restricted by law. It is the responsibility of all Overseas Shareholders to
satisfy themselves as to the observance of any legal requirements in their
jurisdiction, including, without limitation, any relevant requirements in
relation to the ability of such holders to participate in the Tender Offer.
The Tender Offer is not being made directly or indirectly in or into the
United States, Australia, Canada, Japan, New Zealand, the Republic of South
Africa or any member state of the European Economic Area, and cannot be
accepted from within United States, Australia, Canada, Japan, New Zealand, the
Republic of South Africa or any member state of the European Economic Area.

 

Any decision to participate in the Tender Offer should only be made on the
basis of an independent review by an Eligible Shareholder of the Company's
publicly available information. Neither Singer Capital Markets Securities
Limited ("Singer Capital Markets") nor any of its affiliates accept any
liability arising from the use of, or make any representation as to the
accuracy or completeness of, this announcement or the Company's publicly
available information.

 

Singer Capital Markets, which conducts its UK investment banking activities as
Singer Capital Markets is authorised and regulated in the United Kingdom by
the FCA and is exclusively advising the Company and no one else in connection
with the Tender Offer. Singer Capital Markets will not be responsible to any
person other than the Company for providing the protections afforded to its
customers, nor for providing advice in relation to the Tender Offer or the
contents of this announcement or the Circular. Nothing in this paragraph shall
serve to exclude or limit any responsibilities which Singer Capital Markets
may have under the Financial Services and Markets Act 2000 (as amended) or the
regulatory regime established thereunder.

 

The content of the website referred to in this announcement is not
incorporated into, and does not form part of, this announcement.

 

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