REG - RM Infrastructure RM SecDirect - RMDC - Tender Offer

RM Infrastructure IncomeAnnouncement

24/04/2026 07:02

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RNS Number : 7386B  RM Infrastructure Income PLC  24 April 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THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR
PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN THE UNITED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.

24 April 2026

RM Infrastructure Income Plc

(the "Company" or "RMII")

LEI: 213800RBRIYICC2QC958

Confirmation of Tender Price and Shares Available

Further to the Company's announcement dated 19 March 2026, the Company
confirms that the Tender Price at which the Tender Offer is being made
is 74.77 pence per Ordinary Share, equal to the Net Asset Value ("NAV") per
Ordinary Share as at 31 March 2026.

The Company also announces that the final maximum aggregate value of the
Tender Offer is £12,379,610. Therefore, the total number of Tender Offer
shares available for purchase by Singer Capital Markets (on behalf of the
Company) is 16,556,106, resulting in a Basic Entitlement percentage of
approximately 21.88 per cent. for Eligible Shareholders.

An Eligible Shareholder tendering up to their Basic Entitlement will have
their tender satisfied in full. Any Eligible Shareholder tendering more than
their Basic Entitlement will have their Excess Application satisfied if there
are sufficient remaining Available Shares. Such Available Shares shall be
apportioned to Eligible Shareholders pro rata to their Excess Applications
should other Eligible Shareholders not tender the full amount of their Basic
Entitlement and as a result of certain Overseas Shareholders not being
permitted to participate in the Tender Offer.

Basic Entitlements will be calculated by reference to registered shareholdings
as at the Tender Record Date and will be rounded down to the nearest whole
number of Ordinary Shares.

 

 

 

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

                                                                                2026
 Latest time and date for receipt of Forms of Proxy, appointments of proxy via  10.00 a.m. on 22 April
 CREST or any other electronic voting instructions for the General Meeting
 Time and date of General Meeting                                               10.00 a.m. on 24 April
 Result of General Meeting expected to be announced                             24 April
 Latest time and date for receipt of Tender Forms, settlement of TTE            1.00 p.m. on 30 April
 Instructions in CREST and Tender Offer Closing Date
 Tender Record Date                                                             6.00 p.m. on 30 April
 Result of Tender Offer expected to be announced                                1 May
 Completion of the Tender Offer                                                 5 May
 CREST accounts settled in respect of unsold tendered Ordinary Shares held in   by 13 May
 uncertificated form
 CREST settlement date: Payments through CREST made and CREST accounts settled  by 13 May
 for successfully tendered CREST shares
 Cheques for successfully tendered Certificated shares and balancing share      by 13 May
 certificates despatched to certificated Shareholders

 

The times and dates set out in the expected timetable may, in certain
circumstances, be adjusted by the Board (subject to advice from Singer Capital
Markets), in which event, details of the new times and dates will be notified
as required, to the London Stock Exchange and, where appropriate, to
Shareholders and an announcement will be made through a Regulatory Information
Service. Al references to times in this announcement are to London time.

Capitalised terms in this announcement shall have the same meaning attributed
to them in the Circular unless otherwise defined in this announcement.

The Circular can be viewed on the Company's website at
https://rm-funds.co.uk/rm-infrastructure-income/
(https://rm-funds.co.uk/rm-infrastructure-income/) and at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) . In addition, those
Shareholders (other than Restricted Shareholders) who have elected to receive
hard copies of documents will have received a copy of the Circular by post.

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 aims to generate attractive and regular dividends and positive
social impact by lending to assets at the forefront of providing essential
services to society.

Its diversified portfolio of 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 contact James Robson at RM Funds.

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.

IMPORTANT INFORMATION

The distribution of this announcement in certain jurisdictions may be
restricted by law. It is the responsibility of all Overseas Shareholders to
satisfy themselves as to the observance of any legal requirements in their
jurisdiction, including, without limitation, any relevant requirements in
relation to the ability of such holders to participate in the Tender Offer.
The Tender Offer is not being made directly or indirectly in or into the
United States, Australia, Canada, Japan, New Zealand, the Republic of South
Africa or any member state of the European Economic Area, and cannot be
accepted from within United States, Australia, Canada, Japan, New Zealand, the
Republic of South Africa or any member state of the European Economic Area.

Any decision to participate in the Tender Offer should only be made on the
basis of an independent review by an Eligible Shareholder of the Company's
publicly available information. Neither Singer Capital Markets nor any of its
affiliates accept any liability arising from the use of, or make any
representation as to the accuracy or completeness of, this announcement or the
Company's publicly available information.

Singer Capital Markets Securities Limited, which conducts its UK investment
banking activities as Singer Capital Markets ("Singer Capital Markets") is
authorised and regulated in the United Kingdom by the FCA and is exclusively
advising the Company and no one else in connection with the Tender Offer.
Singer Capital Markets will not be responsible to any person other than the
Company for providing the protections afforded to its customers, nor for
providing advice in relation to the Tender Offer or the contents of this
announcement or the Circular. Nothing in this paragraph shall serve to exclude
or limit any responsibilities which Singer Capital Markets may have under the
Financial Services and Markets Act 2000 (as amended) or the regulatory regime
established thereunder.

The content of the website referred to in this announcement is not
incorporated into, and does not form part of, this announcement.

 

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