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HELLERUP, Denmark, Sept. 16, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the closing of the previously announced secondary public offering of 9,000,000 of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds managed by Oaktree Capital Management, L.P. and its affiliates. Following the offering, the Selling Shareholder beneficially owns approximately 11.06% of the Company's Class A common shares. The Selling Shareholder also granted the underwriter a 30-day option to purchase up to an additional 1,350,000 Class A common shares offered in this offering. The Company did not sell any Class A common shares and did not receive any proceeds from the offering.
J.P. Morgan Securities LLC acted as sole underwriter for the offering. The offering was made only by means of a prospectus supplement and accompanying base prospectus related to the offering, copies of which may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Email: prospectus-eq_fi@jpmchase.com.
This company announcement does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein and there shall not be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A shelf registration statement relating to the offering of the Class A common stock was filed with the U.S. Securities and Exchange Commission and is effective.

