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 170,134 A-shares (corresponding to a nominal value of USD 1,701.34) 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 170,134 new shares are subscribed for in cash. 42,535 of the new shares have been subscribed for at DKK 60.1 per A-share and the remaining 127,599 new shares have been subscribed for at DKK 49.3 per A-share. All with a nominal value of USD 0.01 each. The new shares are