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 46,834 A-shares (corresponding to a nominal value of USD 468.34) as a result of the exercise of a corresponding number of Restricted Share Units. The capital increase is carried out without any pre-emption rights for existing shareholders or others. All 46,834 new shares are subscribed for in cash. 36,201 of the new shares have been subscribed for at DKK 64.3 per A-share and the remaining 10,633 new shares have been subscribed for at DKK 53.5 per A-share. All with a nominal value of USD 0.01 each. The new shares are ordinary