TORM plc Increases Share Capital Through Exercise of Restricted Share Units
News related to:TORM plc · 1 min read
HELLERUP, Denmark, Sept. 11, 2026 /CourierPR/ -- TORM plc, a leading carrier of refined oil products, has increased its share capital by 31,483 Class A shares, corresponding to a nominal increase of USD 314.83, through the exercise of a corresponding number of Restricted Share Units (RSUs) as part of its incentive program. All new shares were subscribed for in cash at DKK 179.80 per share. The capital increase was executed without any pre-emption rights for existing shareholders or others.
After the capital increase, TORM's share capital totals to USD 1,024,212.67, divided into 102,421,267 A-shares, each with a nominal value of USD 0.01. Each A-share carries one vote. The newly issued shares are ordinary shares without any special rights, and they are negotiable instruments. They are expected to be admitted to trading and official listing on Nasdaq Copenhagen as soon as possible.
Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The company's shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (NASDAQ: TRMD A) (NASDAQ: TRMD) (ISIN: GB00BZ3CNK81).
TORM, founded in 1889, operates a fleet of product tanker vessels with a strong commitment to safety, environmental responsibility, and customer service. The company's shares are traded on Nasdaq, reflecting its position as one of the world's leading carriers of refined oil products.