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 100,266 A-shares (corresponding to a nominal value of USD 1,002.66) 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 100,266 new shares are subscribed for in cash. One share is subscribed for at DKK 43.4 per A-share and the remaining 100,265 A-shares are subscribed for at DKK 64.3 per A-share. All with a nominal value of USD 0.01 each. The new shares are ordinary shares without any special