TORM plc capital increase in connection with delivery of one MR vessel and exercise of Restricted Share Units as part of TORM’s incentive program
TORM has increased its share capital by 364,874 shares (corresponding to USD 3,648.74) in connection with delivery of one MR vessel and exercise of Restricted Share Units as part of TORM’s incentive program. With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight second-hand MR vessels, TORM plc has increased its share capital by 352,152 shares (corresponding to USD 3,521.52) as a result of the delivery of the second of the eight vessels. The new shares relate to the settlement of a USD 12.6m allocated loan note