OCM Njord Holdings S.à r.l., a company indirectly owned by funds managed by Oaktree Capital Management GP, LLC and its affiliates, commenced a secondary public offering of 6,329,874 of TORM plc’s Class A common shares. J.P. Morgan Securities LLC is acting as sole underwriter for the transaction. The selling shareholder beneficially owns approximately 6% of the Company’s Class A common shares prior to this offering. TORM plc is not selling any shares and will not receive any proceeds from the sale. The offering is subject to market conditions, with no assurance that it will be completed.
