Hellerup, Denmark – September 16, 2026 -- TORM plc has increased its share capital by 31,483 Class A shares following the exercise of a matching number of Restricted Share Units under its incentive program, lifting total share capital to USD 1,024,212.67.
New shares priced at DKK 179.80 each, subscribed entirely in cash
The nominal capital increase totals USD 314.83, with no pre-emption rights granted to existing shareholders or third parties. Transfer restrictions apply in certain jurisdictions outside Denmark, including under applicable US securities laws.
Share count now stands at 102,421,267 A-shares carrying equal voting rights
Each share has a nominal value of USD 0.01 and carries one vote. The newly issued shares rank pari passu with existing stock, granting immediate dividend rights and other shareholder entitlements from the date of issuance.
Nasdaq Copenhagen listing expected imminently for the new shares
TORM said the shares are expected to be admitted to trading and official listing on Nasdaq Copenhagen as soon as possible. TORM's Class A shares trade on both Nasdaq Copenhagen and Nasdaq New York under the ticker TRMD A and TRMD respectively.