Net Asset Value(s)

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 30th April 2025 was 82.70 pence per Ordinary Share, which was 0.02 pence lower than at 31st 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 30th April 2025, the Company's invested portfolio had an aggregate nominal outstanding of circa £70 million across 17 investments. The average yield13 was 12.85%, with a weighted average loan life remaining of circa 0.86 years10.

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 30th 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/