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Home/News Feed/TORM's major shareholder launches secondary offering of 9 million Class A shares, no proceeds to company.
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TORM's major shareholder launches secondary offering of 9 million Class A shares, no proceeds to company.

Company Fundamentals
14 Sep 2026
PRNewsWire
View Source
Neutral
TORM's major shareholder launches secondary offering of 9 million Class A shares, no proceeds to company.

TORM plc announced a secondary public offering of 9 million Class A common shares by its major shareholder, OCM Njord Holdings, which is affiliated with Oaktree Capital Management. The shareholder may grant underwriters an option to sell an additional 1.35 million shares. TORM itself is not selling shares and will not receive any proceeds from the offering. This move allows the selling shareholder to liquidate part of its 20% stake, while the company continues its operations without dilution of shares. The offering is subject to market conditions and is underwritten by J.P. Morgan Securities LLC.

More News (TRMD)

TORM plc raises share capital by issuing 31,483 new shares via RSU exercise.

TORM plc raises share capital by issuing 31,483 new shares via RSU exercise.

TORM plc increased its share capital by issuing 31,483 new Class A shares following the exercise of Restricted Share Units (RSUs). These shares were subscribed for in cash at DKK 179.80 each, raising the company's share capital to USD 1,024,212.67 di...

Company Fundamentals
Neutral
3 days ago
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