TORM plc | CIK:0001655891 | 3

  • Filed: 4/9/2018
  • Entity registrant name: TORM plc (CIK: 0001655891)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1655891/000091957418002899/0000919574-18-002899-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1655891/000091957418002899/trmd-20171231.xml
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    • ifrs-full:DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory

     
    RSU LTIP grant
    Exercise price per share ¹⁾
    RSU grant value assuming 100% vesting
    LTIP element of Jacob Meldgaard's remuneration package 2017:
    		   
    Jacob Meldgaard ²⁾
    1,276,273
     DKK 96.3
     USD 3.4m
     
    ¹⁾ Exercise price originally DKK 96.3. Subsequently adjusted 13 December 2016 to DKK 93.6 due to dividend payment
    in September 2016. Further adjusted in December 2017 to DKK 93.5 due to dividend payment in September 2017.
    ²⁾ LTIP award is fixed by the Board of Directors and was communicated via company announcement no. 2 of 18