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 132,735 A-shares (corresponding to a nominal value of USD 1,327.35) as a result of the exercise of a corresponding number of Restricted Share Units. Subsequent to such share capital increase further 180,767 RSUs are eligible for exercise during 2023. The capital increase is carried out without any pre-emption rights for existing shareholders or others. All 132,735 new shares are subscribed for in cash. 38,994 of the new shares have been subscribed for at DKK 31.0 per A-share. 42,534 new shares have been subscribed for at DKK 20.2 per