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/
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 (No. of shares) | Against (%) | Votes Withheld (No. of Shares) | Total Votes (excl. Votes Withheld) | Issued Share Capital voted (%) |
| 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 the Company.* | 52,710,483 | 99.93 | 35,907 | 0.07 | 36,700 | 52,746,390 | 41.58 |
| 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 annual general meetings) on not less than 14 clear days' notice. * | 52,179,510 | 98.93 | 566,880 | 1.07 | 36,700 | 52,746,390 | 41.58 |
*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.
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.
For further information, please contact:
| RM Funds - Investment Manager James Robson Pietro Nicholls
| 0131 603 7060 |
| Singer Capital Markets Advisory LLP - Financial Adviser and Broker James Maxwell Asha Chotai
Peel Hunt LLP - Financial Adviser and Broker Luke Simpson Liz Yong
| 020 7496 3000
0207 418 8900 |
| Apex Listed Companies Services (UK) Limited - Administrator and Company Secretary Martin Darragh Jennifer Thompson | 020 3327 9720 |
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/
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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