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Torm | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement ·  Jan 30 16:43
Summary by Moomoo AI
Torm plc, a leading carrier of refined oil products, announced a capital increase through the issuance of 23,198 Class A common shares on January 30, 2024. This increase is a result of the exercise of Restricted Stock Units as part of the company's incentive program. The new shares, with a nominal value of $0.01 each, were subscribed for in cash, with 14,178 shares at DKK 0.07 per share and 9,020 shares at DKK 190.2 per share. The capital increase was executed without pre-emption rights for existing shareholders. The newly issued shares are expected to be admitted to trading on Nasdaq Copenhagen on February 1, 2024. Following the capital increase, Torm's share capital stands at USD 907,224.36, divided into 90,722,434 A-shares, one B-share, and one C-share. The A-shares carry a total of 90,722,434 votes, while the B-share and C-share have specific voting rights. Torm, founded in 1889, operates approximately 90 product tanker vessels and is committed to safety, environmental responsibility, and customer service. The company is listed on Nasdaq in Copenhagen and New York.
Torm plc, a leading carrier of refined oil products, announced a capital increase through the issuance of 23,198 Class A common shares on January 30, 2024. This increase is a result of the exercise of Restricted Stock Units as part of the company's incentive program. The new shares, with a nominal value of $0.01 each, were subscribed for in cash, with 14,178 shares at DKK 0.07 per share and 9,020 shares at DKK 190.2 per share. The capital increase was executed without pre-emption rights for existing shareholders. The newly issued shares are expected to be admitted to trading on Nasdaq Copenhagen on February 1, 2024. Following the capital increase, Torm's share capital stands at USD 907,224.36, divided into 90,722,434 A-shares, one B-share, and one C-share. The A-shares carry a total of 90,722,434 votes, while the B-share and C-share have specific voting rights. Torm, founded in 1889, operates approximately 90 product tanker vessels and is committed to safety, environmental responsibility, and customer service. The company is listed on Nasdaq in Copenhagen and New York.
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