Source - Alliance News

RM Infrastructure Income PLC - invests in loans to infrastructure assets - Further to announcement on May 23, RMII says it has consulted widely with its major shareholders. Reports in general, shareholders were overwhelmingly supportive of the management and performance, as well as its investment focus and strategy. But they highlighted the company’s small scale which has created challenges in generating improved liquidity in the company’s shares and restricted its ability to grow.

Reports progress concerning a potential combination of assets with another suitable investment company or fund remains limited. Says firm has received two initial proposals, one of which is under consideration but remains at a very early stage. Stresses none of these anticipate any offer for the company. Expects to put forward proposals regarding the future of the company as soon as possible.

Current stock price: 67.50 pence

12-month change: down 25%

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