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TORM plc (TRMD) issues 43,697 new A-shares from RSU exercises
TORM plc has announced an increase in its share capital by issuing 43,697 new Class A shares, each with a nominal value of USD 0.01, as a result of Restricted Share Unit exercises. This transaction, executed without pre-emption rights for existing shareholders, brings TORM’s total share capital to USD 1,021,233.39, divided into 102,123,339 A-shares. The new shares are expected to be listed on Nasdaq Copenhagen and aim to align employee incentives with company performance.