REG - RM Infrastructure RM SecDirect - RMDC - Result of Tender Offer

RM Infrastructure IncomeAnnouncement

01/05/2026 07:01

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RNS Number : 7708C  RM Infrastructure Income PLC  01 May 2026

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR
PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN THE UNITED
STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH
AFRICA, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY OTHER
JURISDICTION WHERE ITS RELEASE, PUBLICATION OR DISTRIBUTION IS OR MAY BE
UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF
SECURITIES FOR SALE IN ANY JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE
AN INVITATION TO PARTICIPATE IN THE TENDER OFFER (AS DEFINED HEREIN) IN OR
FROM ANY JURISDICTION IN OR FROM WHICH, OR TO OR FROM ANY PERSON TO OR FROM
WHOM, IT IS UNLAWFUL TO MAKE SUCH OFFER UNDER APPLICABLE SECURITIES LAWS OR
OTHERWISE.

 

1 May 2026

RM Infrastructure Income Plc

(the "Company" or "RMII")

LEI: 213800RBRIYICC2QC958

Result of Tender Offer

 

The Company announces the result of its Tender Offer, which was announced on
19 March 2026. The Tender Offer was taken up in full and as such, the Company
will purchase a total of 16,556,106 Ordinary Shares, equivalent to a Basic
Entitlement percentage of approximately 21.88 per cent. for Eligible
Shareholders. The Ordinary Shares will be purchased at the Tender Price of
74.77 pence per share (equivalent to the Company's NAV as at 31 March 2026).

16,274,519 Ordinary Shares were tendered in applications that will be met
under the Basic Entitlement of Shareholders and a further 281,587 Ordinary
Shares were tendered by Shareholders wishing to share in the Basic
Entitlements which were not taken up by others (the Excess Applications).

Eligible Shareholders who validly tendered a percentage of their Ordinary
Shares equal to or less than their Basic Entitlement shall have all tendered
Ordinary Shares purchased in full under the Tender Offer. Eligible
Shareholders who validly tendered Excess Applications shall have their Basic
Entitlement and a pro rata proportion of their Excess Applications purchased
pursuant to the Tender Offer.

Subject to the remaining conditions under the Repurchase Agreement having been
met, Singer Capital Markets will purchase 16,556,106 Ordinary Shares by means
of an on-market purchase from tendering Shareholders. Subject to Singer
Capital Markets requiring the Company to repurchase such Ordinary Shares in
accordance with the terms of the Repurchase Agreement, Singer Capital Markets
will then sell the tendered Ordinary Shares acquired by it on to the Company
pursuant to the terms of the Repurchase Agreement. All Ordinary Shares
acquired by the Company from Singer Capital Markets under the Repurchase
Agreement will be cancelled.

As previously announced, it is anticipated that the proceeds payable to
Shareholders whose tendered Ordinary Shares are held through CREST accounts
are expected to be made by 13 May 2025 and that cheques and balance share
certificates for the certificated Ordinary Shares purchased under the Tender
Offer will be despatched by 13 May 2025.

 

For further information, please contact:

 RM Funds - Investment Manager                                  0131 603 7060

 James Robson

 Thomas Le Grix De La Salle
 Singer Capital Markets - Financial Adviser and Broker          020 7496 3000

 James Maxwell
 Apex Listed Funds Services (UK) Limited - Administrator and    020 3327 9720
 Company Secretary

 Grace Goudar

 Sylvanus Cofie

 

About RM Infrastructure Income Plc

 The Company is a closed-ended investment trust established to invest in a
 portfolio of secured debt instruments.
 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 refer to the Company's website at
 https://rm-funds.co.uk/rm-infrastructure-income-2/
 (https://rm-funds.co.uk/rm-infrastructure-income-2/) . The content of the
 Company's website referred to in this announcement is not incorporated into
 and does not form part of this announcement.

About RM Funds

RM Funds is an alternative asset manager. Founded in 2010, with offices
in Edinburgh, and London, the firm manages capital on behalf of
institutional investors, multi-asset allocators, wealth managers and retail
investors. RM Funds focuses on real asset investing across liquid alternatives
and private markets.

RM Funds is a delivery partner to the British Business Bank in connection
with the Coronavirus Business Interruption Loan Scheme. RM Funds is a trading
name of RM Capital Markets Limited.

 

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