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/

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.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGAMMATMTAJBMI