TORM plc Increases Share Capital Following Exercise of Restricted Share Units
TORM plc has increased its share capital by issuing 22,666 Class A shares as a result of the exercise of Restricted Share Units (RSUs). The new shares were issued at two different subscription prices: DKK 139.90 for 6,933 shares and DKK 195.50 for 15,733 shares. The capital increase was conducted without pre-emption rights for existing shareholders or others. The new Class A shares are ordinary voting shares with a nominal value of USD 0.01 each and will be admitted to trading on Nasdaq Copenhagen as soon as possible. Following the issuance, TORM's total share capital stands at USD 1,023,897.84 divided into 102,389,784 A-shares. TORM is a leading global carrier of refined oil products and operates with a focus on safety, environmental responsibility, and customer service.
Tickers: $TRMD
Topics: RSUs share issuance stock capital