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 34,189 A-shares (corresponding to a nominal value of USD 341.89) 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. 7,090 new shares have been subscribed for in cash at DKK 43.4 per A-share, the remaining 27,099 of the new shares have been subscribed for in cash at DKK 53.5 per A-share. All with a nominal value of USD 0.01 each. The new shares are ordinary shares without any special rights and