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 67,135 A-shares (corresponding to a nominal value of USD 671.35) 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 67,135 new shares are subscribed for in cash. 45,868 of the new shares have been subscribed for at DKK 43.4 per A-share, 14,178 of the new shares have been subscribed for at DKK 64.3 per A-share and the remaining 7,089 new shares have been subscribed for at DKK 53.5 per A-share. All