TORM plc capital increase in connection with delivery of one 2016-built MR vessel
With reference to Company Announcement no. 23 dated 09 November 2023 regarding TORM plc Q3 2023 results where TORM announced the acquisition of four 2015-2016 built MR product tanker vessels, TORM plc (“TORM”) has increased its share capital by 660,714 A-shares (corresponding to USD 6,607.14) as a result of the delivery of the second of the four aforementioned vessels. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares relate to the settlement of a USD 18.5m allocated loan note issued in connection with each vessel