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RNS Number : 3466D RM Infrastructure Income PLC 16 February 2024
RM Infrastructure Income Plc
("RMII" or the "Company")
LEI: 213800RBRIYICC2QC958
Net Asset Value
NAV Performance
The NAV % Total Return for January 2024 was 1.13%, which takes the NAV % Total
Return to 2.69% over the past six months, and 5.32% over the past 12 months.
The NAV as at 31(st) January 2024 was 91.37 pence per Ordinary Share, which
was 1.02 pence higher than at 31(st) December 2023. This overall gain
comprised positive interest income of 0.40 pence per Ordinary Share, net of
expenses, and an increase in portfolio valuations of 0.625 pence per Ordinary
Share.
Portfolio Activity
As at 31(st) January 2024, the Company's invested portfolio had an aggregate
valuation of £99.9 million across 30 investments. The average yield was
10.83%, with a weighted average loan life remaining of circa 1.63 years(10).
Overall, the portfolio is 95% invested in private market assets and 5% in
public bonds.
During the reporting period, investment loan ref 71 was fully repaid at par,
or circa £1.7m.
At period end, the Company has no drawings under its term loan facility or
revolving credit facility. Current cash balance stands at circa £10m of which
circa £6m will be retained by the Company largely to fund undrawn committed
facilities.
The Company also announces that the Monthly Report for the period to 31st
January 2024 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/
END
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.
For more information, please see
https://rm-funds.co.uk/rm-infrastructure-income/
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