Torm maintains US listing

28-06-2012 07:00:00

SHIPPING: Torm has obtained an additional 180 calendar days until 24 December 2012 to regain compliance with the minimum bid price of USD 1.00 per share set by the Nasdaq stock exchange.

Torm intends to monitor the bid price and will consider the available options to resolve the deficiency and regain compliance with the Nasdaq minimum bid price requirement.

Torms shares has been in non-compliance with the minimum bid price of USD 1.00 per share since 4 January 2012.

Source: Torm

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