TORM plc raises share capital by issuing 28,144 new shares via RSU exercise, boosting liquidity.

TORM plc has increased its share capital by issuing 28,144 new A-shares following the exercise of Restricted Share Units (RSUs). The shares were subscribed for cash at varying prices, and the capital raise was done without pre-emption rights for existing shareholders. This move increases TORM's total share capital to over USD 1 million, with shares expected to be listed on Nasdaq Copenhagen soon. The capital increase supports TORM's ongoing incentive program and strengthens its financial position as a leading refined oil products carrier.