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

RM Infrastructure IncomeAnnouncement

27/05/2025 07:00

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RNS Number : 0445K  RM Infrastructure Income PLC  27 May 2025

 RM Infrastructure Income Plc

 ("RMII" or the "Company")

 LEI: 213800RBRIYICC2QC958

 Net Asset Value

 NAV Performance

The NAV % Total Return for April 2025 was -0.02%, which takes the NAV % Total
 Return to -3.19% over the past six months, and -0.75% over the past 12 months.

 The NAV as at 30(th) April 2025 was 82.70 pence per Ordinary Share, which was
 0.02 pence lower than at 31(st) March 2025. This de minimis decrease in NAV
 was predominantly driven by a positive net interest income for the period of
 0.23 pence per Ordinary Share, offset by discount rate adjustments resulting
 in a -0.25 pence per Ordinary Share mark to market movement.

 Further, there was a post year-end NAV adjustment worth -0.77 pence per
 Ordinary Share, recognised during the month of March 2025. As such, previously
 disclosed NAVs for the months of December 2024 to February 2025 have been
 readjusted accordingly.

Portfolio Activity

As at 30(th) April 2025, the Company's invested portfolio had an aggregate
 nominal outstanding of circa £70 million across 17 investments. The average
 yield(13) was 12.85%, with a weighted average loan life remaining of circa
 0.86 years(10).

 During the month of March 2025, Investment Loan Ref #96 drew down on its
 remaining committed facility. As such, as at end of April 2025, the Company no
 longer had any outstanding committed undrawn facilities.

 Further, during the reporting period Investment Loan Ref #88 was granted a
 short-term extension to the end of June 2025 to enable the sponsor to complete
 on its exit strategy and therefore the repayment of its outstanding loan with
 the Company.

 Cash balances at end of April 2025 stood at circa £19.5m of which circa
 £1.5m will be retained by the Company largely to fund its working capital
 requirements. 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 30(th)
 April 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/

 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.

 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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