Result of Tender Offer

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THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, ANY MEMBER STATE OF THE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 James Robson Thomas Le Grix De La Salle	0131 603 7060
Singer Capital Markets - Financial Adviser and Broker James Maxwell	020 7496 3000
Apex Listed Funds Services (UK) Limited - Administrator and Company Secretary Grace Goudar Sylvanus Cofie	020 3327 9720

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/. 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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