Capital increase in connection with RSU exercise as part of TORM’s incentive program
TORM plc has increased its share capital by 23,198 A-shares (corresponding to a nominal value of USD 231.98) as a result of the exercise of a corresponding number of Restricted Share Units. All 23,198 new shares are subscribed for in cash. 14,178 of the new shares have been subscribed for at DKK 0.07 per A-share. The remaining 9,020 new shares have been subscribed for at DKK 190.2 per A-share. All with a nominal value of USD 0.01 each. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is