TORM plc capital increase in connection with RSU exercise as part of TORM’s incentive program
TORM plc (Nasdaq: TRMD or TRMD A) has increased its share capital by 97,089 Class A shares, corresponding to a nominal increase of USD 970.89, as a result of the exercise of a corresponding number of Restricted Share Units (“RSUs”). Of the new shares issued, 95,700 Class A shares were subscribed for in cash at DKK 179.80 per share and 1,389 Class A shares were subscribed for in cash at DKK 124.20 per share.
Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights