TORM plc announces secondary public offering of its class A common shares by a selling shareholder
TORM plc (the “Company” or “TORM”) (Nasdaq: TRMD or TRMD A) today announces the commencement of a secondary public offering of 6,896,552 (six million, eight hundred ninety six thousand, five hundred fifty two) 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. The Selling Shareholder expects to grant the underwriter a 30-day option to purchase up to an additional 1,034,482 (one million, thirty four thousand, four hundred eighty two) Class A