Capital increase in connection with exercise of Restricted Share Units as part of TORM’s incentive program
TORM plc has increased its share capital by 3,589 A-shares (corresponding to a nominal value of USD 35.89) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 170.30 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments,