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RMII Rm Infrastructure Income Plc

74.50
0.00 (0.00%)
Last Updated: 08:00:30
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rm Infrastructure Income Plc LSE:RMII London Ordinary Share GB00BYMTBG55 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 74.50 74.00 75.00 74.50 73.80 74.50 0.00 08:00:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Svcs Allied W/exchanges, Nec 9.18M 5.39M 0.0476 15.65 84.34M

RM Infrastructure Income PLC The Good Economy publishes annual Impact Report

04/05/2022 10:20am

RNS Non-Regulatory


TIDMRMII

RM Infrastructure Income PLC

04 May 2022

THE GOOD ECONOMY PUBLISHES ANNUAL IMPACT REPORT

RM INFRASTRUCTURE INCOME ("RMII")

RMII, the investment trust specialising in secured debt investments, has released its first annual Impact Report provided by The Good Economy, an independent advisory firm specialising in impact measurement and management. The Report follows the initial impact update report, published in September 2021.

The Report, covering the 12-month period to end March 2022, assesses RMII's performance for the year against its stated impact objectives relating to UN Sustainable Development Goals (UN SDGs): Healthcare (SDG 3), Education (SDG 4), Housing (SDG11), Affordable and clean energy (SDG 7), Climate action (SDG 13) and Responsible consumption and production (SDG 12).

The Report provided by The Good Economy made a number of key findings, incorporating:

-- Strong progress by RMII against its impact objectives, with over half of the Company's portfolio aligned with its focus on social and environmental infrastructure sectors

-- A rise in the average portfolio impact score from 18.6 to 22.2 in the last six months, reflecting the growing impact intensity of the portfolio

-- Industry-leading levels of regional distribution: 99% of the value of live loans provided by RMII in the UK was invested outside of London, compared to the industry average of 65%

-- The current portfolio of loans supports approximately 1,115 jobs, predominantly in the construction industry

-- High transparency levels through RMII's impact reporting, including detail provided around its methodologies and results, alongside the use of relevant frameworks including the Impact Management Project

The report provides several recommendations for RMII in order to continue its progress and maximise its impact such as a target date for 100% of its portfolio to be aligned with its impact objectives.

The full set of results, conclusions and recommendations from the report are now available:

http://www.rns-pdf.londonstockexchange.com/rns/2784K_1-2022-5-4.pdf

James Robson, Chief Investment Officer of RM Funds, commented:

"This is an encouraging first report which clearly demonstrates the progress we have made with our refreshed investment focus. These values are integral to our investment focus and activity, and we were particularly pleased the report shows that our regional loan spread across the UK was far higher than the industry average. While we are pleased with our progress, we know we have more work to do in maximising our impact."

For further information, please contact:

RM Capital Markets Limited - Investment Manager

James Robson

Thomas Le Grix de La Salle

Tel: 0203 697 1768

Tulchan Communications LLP - Financial PR

Elizabeth Snow

Oliver Norgate

Tel: 0207 353 4200

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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.

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END

NRAFIFLAEDISIIF

(END) Dow Jones Newswires

May 04, 2022 05:20 ET (09:20 GMT)

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