TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

Core Points - TORM plc has increased its share capital by 262,294 A-shares, resulting from the exercise of Restricted Share Units, with a nominal value of USD 2,622.94 [1] - The new shares are issued at DKK 0.08 per A-share and are expected to be listed on Nasdaq Copenhagen [1][3] - After the capital increase, TORM's total share capital is USD 982,518.10, consisting of 98,251,808 A-shares, one B-share, and one C-share [4] Company Overview - TORM is a leading carrier of refined oil products, operating a fleet of product tanker vessels with a focus on safety, environmental responsibility, and customer service [5] - The company was founded in 1889 and conducts business globally, with shares listed on Nasdaq Copenhagen and Nasdaq New York [5]