Capital increase in TORM due to exercise of Restricted Share Units as part of TORM’s incentive program
TORM plc (“TORM”) increases its share capital by 10,634 A-shares (corresponding to a nominal value of USD 106.34) as a result of the exercise of a corresponding number of Restricted Share Units. Subsequent to such share capital increase further 170,133 RSUs are eligible for exercise during 2023. The capital increase is carried out without any pre-emption rights for existing shareholders or others. All 10,634 new shares are subscribed for in cash. All 10,634 of the new shares have been subscribed for at DKK 31.0 per A-share. The new shares are ordinary shares without any