• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D/A filed by TORM plc (Amendment)

    3/14/24 4:30:43 PM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary
    Get the next $TRMD alert in real time by email
    SC 13D/A 1 ef20024076_sc13da.htm SC 13D/A

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    SCHEDULE 13D
     
    Under the Securities Exchange Act of 1934
    (Amendment No. 11)*

    TORM PLC
    (Name of Issuer)

    Class A common shares, par value $0.01 per share
    (Title of Class of Securities)

    G89479102
    (CUSIP Number)
     
    Richard Ting
    General Counsel & Managing Director
    Oaktree Capital Management, L.P.
    333 South Grand Avenue, 28th Floor
    Los Angeles, California 90071
    (213) 830-6300

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
     
    March 12, 2024
    (Date of Event Which Requires Filing of this Statement)

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7(b) for other parties to whom copies are to be sent.

    *
    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



    1
    NAMES OF REPORTING PERSONS
     
     
    OCM NJORD HOLDINGS S.À R.L
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐

    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    WC
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐

     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Luxembourg
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     


    (1)
    Calculated based upon 90,856,441 shares of Class A common stock, par value $0.01 per share (the “Class A Shares”) outstanding as of March 12, 2024, based on information provided by the issuer.


    1
    NAMES OF REPORTING PERSONS
     
     
    OAKTREE CAPITAL MANAGEMENT GP, LLC
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐

    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐

     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     


    (1)
    Calculated based upon 90,856,441 Class A Shares outstanding as of March 12, 2024, based on information provided by the issuer.


    1
    NAMES OF REPORTING PERSONS
     
     
    ATLAS OCM HOLDINGS LLC
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐

    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐

     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    CO
     
     
     
     


    (1)
    Calculated based upon 90,856,441 Class A Shares outstanding as of March 12, 2024, based on information provided by the issuer.



    1
    NAMES OF REPORTING PERSONS
     
     
    OAKTREE CAPITAL GROUP HOLDINGS GP, LLC
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐

    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐

     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    CO
     
     
     
     


    (2)
    Calculated based upon 90,856,441 Class A Shares outstanding as of March 12, 2024, based on information provided by the issuer.


    1
    NAMES OF REPORTING PERSONS
     
     
    BROOKFIELD ASSET MANAGEMENT ULC
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐

    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐

     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    British Columbia, Canada
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     


    (3)
    Calculated based upon 90,856,441 Class A Shares outstanding as of March 12, 2024, based on information provided by the issuer.


    1
    NAMES OF REPORTING PERSONS
     
     
    BROOKFIELD CORPORATION
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐

    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐

     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Ontario, Canada
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     


    (1)
    Calculated based upon 90,856,441 Class A Shares outstanding as of March 12, 2024, based on information provided by the issuer.


    1
    NAMES OF REPORTING PERSONS
     
     
    BROOKFIELD ASSET MANAGEMENT LTD.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐

    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐

     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    British Columbia, Canada
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     


    (1)
    Calculated based upon 90,856,441 Class A Shares outstanding as of March 12, 2024, based on information provided by the issuer.


    1
    NAMES OF REPORTING PERSONS
     
     
    BAM PARTNERS TRUST
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Ontario, Canada
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    0
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    51,006,538
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    0
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    51,006,538
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    51,006,538
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐

     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    56.14%(1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     


    (1)
    Calculated based upon 90,856,441 Class A Shares outstanding as of March 12, 2024, based on information provided by the issuer.


    Item 1.
    Security and Issuer

    This Amendment No. 11 (“Amendment No. 11”) is being filed by the undersigned to amend the Schedule 13D filed by the Reporting Persons on February 5, 2018, as amended by Amendment No. 1 thereto filed March 27, 2020, Amendment No. 2 thereto filed May 19, 2020, Amendment No. 3 thereto filed June 5, 2020, Amendment No. 4 thereto filed June 17, 2020, Amendment No. 5 thereto filed September 14, 2020, Amendment No. 6 thereto filed April 26, 2023, Amendment No. 7 thereto filed June 12, 2023, Amendment No. 8 thereto filed December 4, 2023, Amendment No. 9 thereto filed January 9, 2024, and Amendment No. 10 thereto filed January 18, 2024 (the “Original 13D,” and together with Amendment No. 11, the “Schedule 13D”) with respect to the Class A Shares of the Issuer. The Issuer is a foreign private issuer as defined in Rule 3b-4 of the Act and its principal executive offices are at Birchin Court, 20 Birchin Lane, London, EC3V 9DU, United Kingdom.

    Item 5.
    Interest in Securities of the Issuer

    Item 5 (a)-(b) are hereby amended and restated as follows:

    (a) and (b)

    The information contained on the cover pages of this Schedule 13D is incorporated herein by reference. Ownership percentages set forth in this Schedule 13D assume 90,856,441 Class A Shares outstanding as of March 12, 2024, which is based on information provided by the Issuer. As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 51,006,538 Class A Shares, which represents approximately 56.14% of the total outstanding Class A Shares.
     
    This Amendment No. 11 is being filed to reflect a change in the percentage previously reported solely as a result of the change in the outstanding Class A Shares. There have been no other material changes to the information previously reported or transactions by the Reporting Persons since the filing of Amendment No. 10 to the Schedule 13D. Neither the filing of this Statement nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that such person is the beneficial owner of any of the Class A Shares referred to herein for purposes of the Act, or for any other purpose.
     
    Item 7.
    Materials to be Filed as Exhibits
     
    Exhibit A
    Joint Filing Agreement, dated as of December 4, 2023, among the Reporting Persons, incorporated by reference to Exhibit A to Amendment No. 8 to the Schedule 13D.


    SIGNATURES
     
    After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
     
    Dated: March 14, 2024

     
    OCM NJORD HOLDINGS S.À R.L.
         
     
    By:
    /s/ Martin Eckel
     
    Name:
    Martin Eckel
     
    Title:
    Manager
     
     
    OAKTREE CAPITAL MANAGEMENT GP, LLC
         
     
    By:
    /s/ Henry Orren
     
    Name:
    Henry Orren
     
    Title:
    Senior Vice President
     
     
    ATLAS OCM HOLDINGS, LLC
         
     
    By:
    /s/ Henry Orren
     
    Name:
    Henry Orren
     
    Title:
    Senior Vice President
     
     
    OAKTREE CAPITAL GROUP HOLDINGS GP, LLC
         
     
    By:
    /s/ Henry Orren
     
    Name:
    Henry Orren
     
    Title:
    Senior Vice President
     
     
    BROOKFIELD ASSET MANAGEMENT ULC
         
     
    By:
    /s/ Kathy Sarpash
     
    Name:
    Kathy Sarpash
     
    Title:
    Managing Director, Legal & Regulatory
     

     
    BROOKFIELD CORPORATION
         
     
    By:
    /s/ Swati Mandava
     
    Name:
    Swati Mandava
     
    Title:
    Managing Director, Legal & Regulatory

     
    BROOKFIELD ASSET MANAGEMENT LTD.
         
     
    By:
    /s/ Kathy Sarpash
     
    Name:
    Kathy Sarpash
     
    Title:
    Managing Director, Legal & Regulatory
     
     
    BAM PARTNERS TRUST
         
     
    By:
    /s/ Kathy Sarpash
     
    Name:
    Kathy Sarpash
     
    Title:
    Secretary
     


    Get the next $TRMD alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $TRMD

    DatePrice TargetRatingAnalyst
    4/12/2022$14.00Buy
    H.C. Wainwright
    More analyst ratings

    $TRMD
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    H.C. Wainwright initiated coverage on TORM plc with a new price target

    H.C. Wainwright initiated coverage of TORM plc with a rating of Buy and set a new price target of $14.00

    4/12/22 7:39:42 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    $TRMD
    Financials

    Live finance-specific insights

    View All

    TORM plc Q2 2025 Results, Dividend Distribution, and Financial Outlook 2025

    HELLERUP, Denmark, Aug. 14, 2025 /PRNewswire/ -- INSIDE INFORMATION "TORM delivered a strong second-quarter result with continued market-leading performance, against a backdrop of global uncertainty," says Jacob Meldgaard, adding: "We see strong momentum heading into the second half of the year, and as a result, we are raising our full-year guidance." Financial Results In the second quarter of 2025 TORM (NASDAQ:TRMD) or (NASDAQ:TRMD) generated time charter equivalent earnings (TCE) of USD 208.2m including unrealized losses on derivatives of USD  -2.2m (2024, same period: USD 325.9m including unrealized losses on derivatives of USD 0.0m). Adjusted EBITDA totaled USD 129.0m (2024, same period

    8/14/25 2:35:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

    HELLERUP, Denmark, June 4, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 11,236 A-shares (corresponding to a nominal value of USD 112.36) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable U.S. securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other r

    6/4/25 3:57:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

    HELLERUP, Denmark, May 19, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 151,581 A-shares (corresponding to a nominal value of USD 1,515.81) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other

    5/19/25 3:53:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    $TRMD
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    TORM plc Q2 2025 Results, Dividend Distribution, and Financial Outlook 2025

    HELLERUP, Denmark, Aug. 14, 2025 /PRNewswire/ -- INSIDE INFORMATION "TORM delivered a strong second-quarter result with continued market-leading performance, against a backdrop of global uncertainty," says Jacob Meldgaard, adding: "We see strong momentum heading into the second half of the year, and as a result, we are raising our full-year guidance." Financial Results In the second quarter of 2025 TORM (NASDAQ:TRMD) or (NASDAQ:TRMD) generated time charter equivalent earnings (TCE) of USD 208.2m including unrealized losses on derivatives of USD  -2.2m (2024, same period: USD 325.9m including unrealized losses on derivatives of USD 0.0m). Adjusted EBITDA totaled USD 129.0m (2024, same period

    8/14/25 2:35:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

    HELLERUP, Denmark, June 4, 2025 /PRNewswire/ -- TORM plc (NASDAQ:TRMD) or (NASDAQ:TRMD) has increased its share capital by 11,236 A-shares (corresponding to a nominal value of USD 112.36) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share. Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable U.S. securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other r

    6/4/25 3:57:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    TORM Acquires Full Ownership of ME Production to Accelerate Green Maritime Innovation

    HELLERUP, Denmark, June 3, 2025 /PRNewswire/ -- TORM (NASDAQ:TRMD) expands its environmental and technical capabilities by acquiring full ownership of ME Production, a Danish specialist in advanced marine and energy equipment. Longstanding Partnership Becomes Full Ownership TORM A/S has acquired the remaining 25% ownership stake in ME Production (MEP) from founder and CEO Jens Peter Faldt. MEP is a Danish industrial engineering company with a proven record in green maritime equipment. This expansion follows TORM's initial acquisition of a 75% ownership stake in 2022, and now TORM has full ownership of MEP. The two companies have maintained a close, productive collaboration since 2018, when

    6/3/25 10:00:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    $TRMD
    SEC Filings

    View All

    SEC Form 6-K filed by TORM plc

    6-K - TORM plc (0001655891) (Filer)

    8/14/25 6:06:47 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    SEC Form 6-K filed by TORM plc

    6-K - TORM plc (0001655891) (Filer)

    8/14/25 6:06:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    SEC Form 6-K filed by TORM plc

    6-K - TORM plc (0001655891) (Filer)

    6/4/25 4:14:43 PM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    $TRMD
    Leadership Updates

    Live Leadership Updates

    View All

    TORM Acquires Full Ownership of ME Production to Accelerate Green Maritime Innovation

    HELLERUP, Denmark, June 3, 2025 /PRNewswire/ -- TORM (NASDAQ:TRMD) expands its environmental and technical capabilities by acquiring full ownership of ME Production, a Danish specialist in advanced marine and energy equipment. Longstanding Partnership Becomes Full Ownership TORM A/S has acquired the remaining 25% ownership stake in ME Production (MEP) from founder and CEO Jens Peter Faldt. MEP is a Danish industrial engineering company with a proven record in green maritime equipment. This expansion follows TORM's initial acquisition of a 75% ownership stake in 2022, and now TORM has full ownership of MEP. The two companies have maintained a close, productive collaboration since 2018, when

    6/3/25 10:00:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    Torm PLC: Notice of and complete proposals for the Annual General Meeting 2025

    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 About TORM TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of approximately 90 product tanker vessels with a strong commitment to safety, en

    3/17/25 8:25:00 AM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    $TRMD
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by TORM plc

    SC 13D/A - TORM plc (0001655891) (Subject)

    10/3/24 6:32:49 PM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    SEC Form SC 13D/A filed by TORM plc (Amendment)

    SC 13D/A - TORM plc (0001655891) (Subject)

    6/3/24 9:30:20 PM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary

    SEC Form SC 13D/A filed by TORM plc (Amendment)

    SC 13D/A - TORM plc (0001655891) (Subject)

    4/8/24 4:31:41 PM ET
    $TRMD
    Marine Transportation
    Consumer Discretionary