TORM plc raises capital by issuing 22,666 new shares after RSU exercise, boosting share capital to over $1 million.

TORM plc has increased its share capital by issuing 22,666 new Class A shares following the exercise of Restricted Share Units (RSUs). The shares were subscribed for in cash at prices between DKK 139.90 and DKK 195.50 per share, raising the company's total share capital to USD 1,023,897.84. These new shares carry voting rights and dividend entitlements and are expected to be listed on Nasdaq Copenhagen soon. This capital increase supports TORM's ongoing incentive program and strengthens its financial base as a leading refined oil products carrier.