Torm A/S (DK:TRMD.A) has released an update.
TORM A/S has announced a capital increase from the exercise of Restricted Share Units, part of its incentive program, issuing 48,985 new A-shares without pre-emption rights for current shareholders. The company also granted additional adjustment RSUs to certain employees and Executive Director Jacob Meldgaard following the exercise of original RSUs from 2021 and 2022. These corporate actions aim to reinforce TORM’s commitment to employee incentives and align with its long-term strategy as a leading refined oil products carrier.
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