TORM plc finalizes USD 100m Private Placement
TORM plc ("TORM" or the "Company") hereby announces that the previously announced Private Placement (cf. company announcements no. 2 of 22 January 2018 and no. 3 of 23 January 2018) has successfully settled today, 26 January 2018. TORM has issued a total of 11,920,000 new Class A common shares (par value USD 0.01) (the "New Shares") at a price of USD 8.39 (corresponding to DKK 51.00) per New Share. The related capital increase has today been filed with the UK Companies House. "I am very pleased that TORM has attracted investors who share our belief in the product tanker market and in