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HELLERUP, Denmark, March 17, 2025 /PRNewswire/ -- Please find enclosed formal notice of, and full details of the business to be proposed at, the Annual General Meeting ("AGM") of TORM plc to be held at noon (London time) on Wednesday, 16 April 2025.
Contacts:Christopher H. Boehringer, Chairman, tel.: +45 3917 9200Jacob Meldgaard, Chief Executive Officer and Executive Director, tel.: +45 3917 9200Christopher Everard, General Manager, tel.: +44 7920 494 853Kim Balle, Chief Financial Officer, tel.: +45 3917 9200
HELLERUP, Denmark, March 6, 2025 /PRNewswire/ -- In accordance with TORM plc's ("TORM") Remuneration Policy adopted by the Annual General Meeting of TORM plc on 14 April 2021, the Board of Directors has as part of a long-term incentive program decided to grant certain employees (the "Participants") Restricted Share Units ("RSUs") in the form of restricted stock options. The RSUs aim at incentivizing the Participants to seek to improve the performance of TORM and thereby the TORM share price for the mutual benefit of themselves and the shareholders of TORM.
HELLERUP, Denmark, March 6, 2025 /PRNewswire/ --
INSIDE INFORMATION
"2024 was a strong year for TORM, driven by increased ton-mile demand and limited fleet-growth", says Jacob Meldgaard, CEO, TORM, adding, "Throughout the year, we strengthened our market position, expanding TORM's fleet through partly share-based transactions, and delivered significant dividends to our shareholders. The current market outlook is characterized by unpredictable geopolitical changes that may impact results."
Financial Results