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 17,512 A-shares (corresponding to a nominal value of USD 175.12) 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. 10,423 of the new shares have been subscribed for in cash at DKK 43.4 per A-share, the remaining 7,089 of the new shares have been subscribed for in cash at DKK 53.5 per A-share. All with a nominal value of USD 0.01 each. The new shares are ordinary shares without any special