TORM plc 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 6,905 A-shares (corresponding to a nominal value of USD 69.05) as a result of the exercise of a corresponding number of Restricted Share Units. All 6,905 new shares are subscribed for in cash at DKK 190.2 per A-share with a nominal value of USD 0.01 each. 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