RMII Rm Infrastructure Income Plc

TIDMRMII TIDMTTM

RNS Number : 8947E

RM Infrastructure Income PLC

16 March 2022

 
                               RM Infrastructure Income Plc 
 
                                ("RMII" or the "Company") 
 
                                LEI: 213800RBRIYICC2QC958 
 
                                     Net Asset Value 
 
  NAV 
   The NAV % Total Return for the month was +0.31%, which takes 
   the NAV % Total Return to +1.97% over the past six months, and 
   +8.68% over the past 12 months. 
   The NAV as of 28(th) February 2022 was 96.33 pence per Ordinary 
   Share, which was 0.30 pence higher than at 31(st) January 2022. 
   This overall gain comprised interest income net of expenses of 
   +0.53 pence per Ordinary Share and a decrease in portfolio valuations 
   of 0.23 pence per Ordinary Share (which included all credit and 
   currency movements).   Summary for February 2022 
          (pence per share) 
    Net interest income    +0.53p 
    Change in portfolio 
     valuations            -0.23p 
    Net NAV Movement       +0.30p 
   ---------------------  ------- 
 
 
   Company Activity 
   At 28(th) February 2022, the Company's invested portfolio had 
   an aggregate valuation of GBP129 million across 33 investments. 
   The average yield was 8.49%, with a weighted average loan life 
   remaining of 2.23 years. Overall, the portfolio is 94% invested 
   in private market assets and 6% in public bonds. With regards 
   to any further interest rate increases by global central banks, 
   the portfolio remains well positioned through the Investment 
   Manager's focus on creating a portfolio of high yielding and 
   short duration loans that do not hold significant exposure to 
   interest rate movements. The portfolio has no direct exposure 
   to Russia or Ukraine. 
   The month of February 2022 was relatively quiet in terms of new 
   investments and divestments, with two additional drawdowns under 
   existing facilities (ref. 88 & 62) totalling c.GBP1 million. 
   The Company's cash position remains robust, with approximately 
   GBP9 million of available headroom under its RCF. 
 
 The Company also announces that the Monthly Report for the period 
  to 28 Feb 2022 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 
 Pietro Nicholls 
  Thomas Le Grix De La Salle 
 Tel: 0131 603 7060 
 
 International Fund Management - AIFM 
 Chris Hickling 
 Shaun Robert 
 Tel: 01481 737600 
 
 Tulchan Group - Financial PR 
 Elizabeth Snow 
 Oliver Norgate 
 Tel: 0207 353 4200 
 
 Sanne Fund Services (UK) Limited - Administrator and Company 
  Secretary 
 Brian Smith 
 Ciara McKillop 
 Tel: 020 4513 9260 
 
 Singer Capital Markers Advisory LLP - Financial Adviser and 
  Broker 
 James Maxwell 
 Asha Chotai 
 Tel: 020 7496 3000 
 
 Peel Hunt LLP - Financial Adviser and Broker 
 Luke Simpson 
 Liz Yong 
 Tel: 020 7418 8900 
 
 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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March 16, 2022 03:00 ET (07:00 GMT)

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