The disclosure follows regulatory requirements under section 30 of the Danish Capital Markets Act. TORM PLC, a Hellerup-based shipping firm founded in 1889, maintains a fleet of refined oil product tankers and is listed on both the Nasdaq Copenhagen and the Nasdaq New York exchanges under the ticker symbol TRMD. The company continues to operate its global fleet with a focus on environmental standards and customer service.
Oaktree Capital Adjusts Stake in TORM PLC
Oaktree Capital Group Holdings GP, LLC has confirmed a significant adjustment to its position in TORM PLC, reporting that its affiliate, OCM Njord Holdings S.à r.l., now holds 20,329,874 shares in the Danish product tanker operator, representing 19.86% of the company's total share capital and voting rights.
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