REG - RM Infrastructure RM SecDirect - RMDC - Net Asset Value(s)

RM Infrastructure IncomeAnnouncement

19/03/2024 07:00

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RNS Number : 3023H  RM Infrastructure Income PLC  19 March 2024

 RM Infrastructure Income Plc

 ("RMII" or the "Company")

 LEI: 213800RBRIYICC2QC958

 Net Asset Value

 NAV Performance

The NAV % Total Return for February 2024 was 0.40%, which takes the NAV %
 Total Return to 3.56% over the past six months, and 5.31% over the past 12
 months.

 The NAV as at 29(th) February 2024 was 91.74 pence per Ordinary Share, which
 was 0.37 pence higher than at 31(st) January 2024. This overall gain comprised
 positive interest income of 0.54 pence per Ordinary Share, net of expenses,
 and a decrease in portfolio valuations of 0.17 pence per Ordinary Share.

Portfolio Activity

As at 29(th) February 2024, the Company's invested portfolio had an aggregate
 nominal outstanding of £100 million across 30 investments. The average yield
 was 10.86%, with a weighted average loan life remaining of circa 1.43 years.
 Overall, the portfolio is 95% invested in private market assets and 5% in
 public bonds.

 There were no material repayments during the reporting period.

 At period end, the Company had no drawings under its term loan facility or
 revolving credit facility. Current cash balance stands at circa £11m 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 29th
 February 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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