TORM plc disclosed a capital increase of 48,167 Class A shares resulting from the exercise of a corresponding number of Restricted Share Units, as announced on November 12, 2026 from Hellerup, Denmark.

Key Highlights

  • Share count increased: 48,167 new Class A shares were issued, corresponding to a nominal capital increase of USD 481.67.
  • Subscription price: All new Class A shares were subscribed for in cash at DKK 179.80 per share.
  • No pre-emption rights: The capital increase was carried out without any pre-emption rights for existing shareholders or others.
  • Total share capital after increase: USD 1,027,600.49, divided into 102,760,049 A-shares with a nominal value of USD 0.01 each.
  • Voting rights: Each A-share carries one vote.
  • Exchange listing: The new shares are expected to be admitted to trading on Nasdaq Copenhagen as soon as possible, according to the filing.

TORM Capital Increase: RSU Exercise Adds 48,167 Class A Shares

TORM plc (NASDAQ:TRMD) (NASDAQ:TRMDA) disclosed on November 12, 2026 that it increased its share capital by 48,167 Class A shares as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs") as part of the company's incentive program. According to the filing, all new shares were subscribed for in cash at DKK 179.80 per share, producing a nominal capital increase of USD 481.67.

The filing states that the new shares are ordinary shares without any special rights and are negotiable instruments. They carry dividend and other rights in relation to TORM as of the date of issuance. The capital increase was carried out without any pre-emption rights for existing shareholders or others, and the company noted that transfer restrictions may apply in certain jurisdictions outside Denmark, including under applicable U.S. securities laws.

Following the capital increase, TORM's total share capital amounts to USD 1,027,600.49, divided into 102,760,049 A-shares, each with a nominal value of USD 0.01. Each A-share carries one vote, according to the filing. The filing also notes that the new shares are expected to be admitted to trading on Nasdaq Copenhagen as soon as possible. The company described itself as founded in 1889 and "one of the world's leading carriers of refined oil products." The filing contains forward-looking statements that the company identifies as subject to its cautionary Safe Harbor language under the Private Securities Litigation Reform Act of 1995.

What Was Disclosed

TORM plc reported a capital increase of 48,167 Class A shares issued at DKK 179.80 per share in connection with RSU exercises under its incentive program, bringing total share capital to USD 1,027,600.49 across 102,760,049 A-shares.