Capital increase in connection with delivery of one 2010-built LR2 vessel and RSU exercise as part of TORM’s incentive program
TORM has increased its share capital by 638,013 shares (corresponding to USD 6,380.13) in connection with the delivery of one 2010-built LR2 vessel and exercise of Restricted Share Units as part of TORM’s incentive program. With reference to Company Announcement no. 22 dated 09 November 2023 where TORM plc (“TORM") announced the acquisition of eight LR2 product tanker vessels, TORM plc has increased its share capital by 616,746 A-shares (corresponding to USD 6,167.46) as a result of the delivery of the third of the eight LR2 vessels. The new shares relate to the settlement of USD 19.