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 21,267 A-shares (corresponding to a nominal value of USD 212.67) 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 21,267 new shares are subscribed for in cash. 7,089 of the new shares have been subscribed for at DKK 49.1 per A-share. 7,089 new shares have been subscribed for at DKK 38.3 per A-share and the remaining 7,089 new shares have been subscribed for at DKK 42.8 per A-share. All with a