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 170,133 A-shares (corresponding to a nominal value of USD 1,701.33) as a result of the exercise of a corresponding number of Restricted Share Units. Subsequent to such share capital increase, no more RSUs are eligible for exercise during 2023. The capital increase is carried out without any pre-emption rights for existing shareholders or others. All 170,133 new shares are subscribed for in cash. 85,067 of the new shares have been subscribed for at DKK 20.2 per A-share. The remaining 85,066 of the new shares have been subscribed for at