Hellerup – October 07, 2026 -- TORM plc has increased its share capital by USD 611.05 through the issuance of 61,105 new Class A shares following the exercise of Restricted Share Units under its employee incentive program.
TORM issues 61,105 new shares at two distinct price points
Of the newly issued shares, 57,772 Class A shares were subscribed for in cash at DKK 179.80 per share, while the remaining 3,333 Class A shares were subscribed for at DKK 124.20 per share. The shares were issued without pre-emption rights for existing shareholders.
Total share capital now exceeds USD 1 million across 102.7 million shares
Following the transaction, TORM's total share capital stands at USD 1,027,118.82, divided into 102,711,882 Class A shares with a nominal value of USD 0.01 each. Each share carries one vote.
New shares carry full shareholder rights from issuance date
The newly issued ordinary shares are negotiable instruments with no special rights attached, and they carry dividend entitlements effective from the date of issuance. TORM expects the shares 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 under applicable US securities laws, the Hellerup-based product tanker operator noted.