REG - RM Infrastructure RM SecDirect - RMDC - Result of AGM

RM Infrastructure IncomeAnnouncement

30/05/2024 17:00

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RNS Number : 5291Q  RM Infrastructure Income PLC  30 May 2024

30 May 2024

RM Infrastructure Income plc

Result of AGM

LEI: 213800RBRIYICC2QC958

RM Infrastructure Income plc (the "Company"), an investment trust specialising
in secured debt investments is pleased to announce that all of the resolutions
put forward at its Annual General Meeting ("AGM") held earlier today were
passed.

Details of the number of proxy votes cast for, against and withheld will be
available shortly on the Company's website at:
https://rm-funds.co.uk/rm-infrastructure-income/
(https://rm-funds.co.uk/rm-infrastructure-income/)

The full text of all the resolutions is contained in the Notice of AGM in the
Company's Annual Report for the year ended 31 December 2023.

The proxy votes received were as follows:

 Resolution                                                                   For (No. of shares)  For (%)  Against           Against (%)  Votes Withheld (No. of Shares)  Total Votes (excl. Votes Withheld)  Issued Share Capital voted (%)

                                                                                                            (No. of shares)
 1. To receive the Annual Report and Financial Statements.                    52,205,626           99.98    10,764            0.02         566,700                         52,216,390                          41.16
 2. To approve the Directors' Remuneration Policy.                            52,640,065           99.80    104,329           0.20         38,696                          52,744,394                          41.58
 3. To approve the Directors' Remuneration Report.                            52,675,065           99.87    69,329            0.13         38,696                          52,744,394                          41.58
 4. To re-elect Norman Crighton as a Director.                                52,718,952           99.95    26,465            0.05         37,673                          52,745,417                          41.58
 5. To re-elect Guy Heald as a Director.                                      52,691,407           99.90    54,010            0.10         37,673                          52,745,417                          41.58
 6. To re-elect Marlene Wood as a Director.                                   52,691,407           99.90    54,010            0.10         37,673                          52,745,417                          41.58
 7. To re-appoint Ernst & Young LLP as Auditors to the Company.               52,644,445           99.81    99,949            0.19         38,696                          52,744,394                          41.58
 8. To authorise the Directors to determine the remuneration of the Auditor.  52,694,925           99.90    51,465            0.10         36,700                          52,746,390                          41.58
 9. To approve the Company's dividend policy.                                 52,735,626           99.98    10,764            0.02         36,700                          52,746,390                          41.58
 10. To authorise the Company to make market purchases of ordinary shares in  52,710,483           99.93    35,907            0.07         36,700                          52,746,390                          41.58
 the Company.*
 11. That the share premium account of the Company be cancelled.*             52,711,165           99.93    35,225            0.07         36,700                          52,746,390                          41.58
 12. That the Directors be authorised to call general meetings (other than    52,179,510           98.93    566,880           1.07         36,700                          52,746,390                          41.58
 annual general meetings) on not less than 14 clear days' notice. *

 

*Special Resolutions

 

NOTES:

1.            All resolutions were passed.

2.            Proxy appointments which gave discretion to the Chair
of the AGM have been included in the "For" total for the appropriate
resolution.

3.            Votes "For" and "Against" any resolution are
expressed as a percentage of votes validly cast for that resolution.

4.            A "Vote withheld" is not a vote in law and is not
counted in the calculation of the percentage of shares voted "For" or
"Against" any resolution.

5.            At the time of the meeting, the issued share capital
of the Company consisted of 122,224,581 Ordinary Shares and 4,638,222 Ordinary
Shares held in Treasury.  Therefore, the total number of voting rights in the
Company is 117,586,3593.

6.            The full text of the resolutions passed at the AGM can be
found in the Notice of Annual General Meeting which is available on the
Company's website at https://rm-funds.co.uk/rm-infrastructure-income
(https://rm-funds.co.uk/rm-infrastructure-income) .

7.            In accordance with listing rule 9.6.2R, a copy of
resolutions 10-12 passed at the AGM will shortly be submitted to the National
Storage Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

For further information, please contact:

 

 RM Funds - Investment Manager                                            0131 603 7060

 James Robson

 Pietro Nicholls

 Singer Capital Markets Advisory LLP - Financial Adviser and Broker       020 7496 3000

 James Maxwell

 Asha Chotai

 Peel Hunt LLP - Financial Adviser and Broker                             0207 418 8900

 Luke Simpson

 Liz Yong

 Apex Listed Companies Services (UK) Limited - Administrator and Company  020 3327 9720
 Secretary

 Martin Darragh

 Jennifer Thompson

 

About RM Infrastructure Income PLC

RM Infrastructure Income Plc is a closed-ended investment trust established to
invest in a portfolio of bespoke, higher-yielding secured debt instruments.

 

The Company aims to generate attractive and regular dividends and positive
social impact 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/
(https://rm-funds.co.uk/rm-infrastructure-income/)

 

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 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.

 

RM Funds is a signatory to the Principles of Responsible Investment.

 

 

 

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