TORM plc capital increase in connection with delivery of one LR2 vessel and exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark, Nov. 12, 2025 /PRNewswire/ -- TORM plc's TORM plc ("TORM") (NASDAQ:TRMD) (NASDAQ:TRMD) has increased its share capital by a total of 2,395,426 shares (corresponding to USD 23,954.26) in connection with delivery of one LR2 vessel and exercise of Restricted Share Units as part of TORM's incentive program.
With reference to Company Announcement no. 22 dated 06 November 2025 where TORM plc ("TORM") announced the acquisition of one 2010-built LR2 vessel, TORM plc has increased its share capital by 748,569 shares (corresponding to USD 7,485.69) as a result of the delivery of the vessel. The new shares relate to the settlement of a USD 17.0m allocated loan note issued in connect
