HELLERUP, Denmark, Oct. 6, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the pricing of a secondary public offering of 6,329,874 (six million three hundred twenty-nine thousand eight hundred seventy-four) 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 indirectly managed by Oaktree Capital Management GP, LLC and its affiliates, for gross proceeds to the Selling Shareholder of approximately U.S. $253,500,000 (two hundred fifty-three million five hundred thousand).
HELLERUP, Denmark, Oct. 5, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) or (NASDAQ: TRMD A) today announces the commencement of a secondary public offering of 6,329,874 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 indirectly managed by Oaktree Capital Management GP, LLC and its affiliates.
TORM is a top operator in product tankers, but current pricing reflects already profitable freight rates, limiting near-term upside. I rate TRMD as HOLD, with a 12–18 month price target of $36.17, just 5.4% above current levels; entry is attractive below $30. Q3 contracted rates are 34.9% below Q2, signaling normalization; dividends and profits will likely decline from recent highs.
Report on transactions in TORM plc securities by directors and executive officers and their closely associated personsPR NewswireHELLERUP, Denmark, Sept. 28, 20
HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Exercise of restricted share units Price(s) and volume(s) Price(s) Volume(s) DKK 179.80 85,067 Aggregated information - Volume - Price 85,067 shares DKK 15,295,046.60 Date of the transaction 24 September 2026 Place of the transaction Outside a trading venue Contact Mikael Bo Larsen, Head of Investor RelationsTel.
Torm PLC - Major Shareholder AnnouncementPR NewswireHELLERUP, Denmark, Sept. 28, 2026HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- Pursuant to section 30 of
HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.
Torm Plc (NASDAQ: TRMD - Get Free Report) CFO Kim Balle sold 15,000 shares of Torm stock in a transaction on Monday, September 21st. The stock was sold at an average price of $39.08, for a total transaction of $586,200.00. Following the sale, the chief financial officer directly owned 8,043 shares in the company, valued at
Torm Plc (NASDAQ: TRMD - Get Free Report) CFO Kim Balle sold 20,000 shares of the company's stock in a transaction on Friday, September 18th. The shares were sold at an average price of $39.16, for a total value of $783,200.00. Following the completion of the transaction, the chief financial officer owned 23,043 shares of the
Shares of Torm Plc (NASDAQ: TRMD - Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $37.12, but opened at $35.54. Torm shares last traded at $35.3030, with a volume of 447,199 shares changing hands. Wall Street Analyst Weigh In A number of research firms have commented
