Oaktree Capital reports 19.86% stake in TORM plc, a leading refined oil product carrier.

Oaktree Capital Group Holdings GP, LLC has informed TORM plc that its affiliate, OCM Njord Holdings S.à r.l., holds 20,329,874 shares, representing 19.86% of TORM's total share capital and voting rights. TORM is a global leader in refined oil product shipping, operating a fleet committed to safety and environmental responsibility. This significant stake highlights Oaktree's substantial investment in the shipping sector, potentially influencing TORM's strategic decisions. Investors should watch for any future moves or disclosures related to this major shareholding.