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.