This news page for TRMDA is connected to information about TORM plc, whose shares trade on Nasdaq in Copenhagen and on Nasdaq in New York under the tickers TRMD A and TRMD. TORM is described as a carrier of refined oil products operating a fleet of product tanker vessels and conducting business worldwide.
News related to this listing can include company announcements about share capital changes, such as capital increases linked to vessel deliveries or incentive programs. For example, TORM has reported capital increases in connection with the delivery of an LR2 vessel and the exercise of Restricted Share Units under a retention program.
Investors and observers can use this page to follow official announcements that describe changes in share capital, the issuance of new shares, lock-up periods for newly issued shares, and information about voting rights attached to different share classes. Such updates help explain how the company’s capital structure evolves over time.
Because TORM emphasizes safety, environmental responsibility and customer service in its role as a carrier of refined oil products, news items may also reference these themes when they are relevant to corporate announcements. This page brings together these types of updates so readers can review the company’s disclosed developments in one place.
TORM (TRMD) announced that Christopher Boehringer has stepped down from its Board of Directors with immediate effect following Oaktree's ownership exit. Oaktree Capital Management and its affiliates no longer hold an ownership interest in TORM. Boehringer joined the Board in 2015.
The Board now comprises Simon Mackenzie Smith as Chair, Annette Malm Justad, Göran Trapp, Jann Brown, and Jacob Meldgaard.
TORM (TRMD) announced that OCM Njord Holdings, known as Njord Luxco, no longer held any shares or voting rights as of 6 October 2026.
Njord Luxco is jointly controlled by OCM Luxembourg Opps IX and OCM Luxembourg Opps IX (Parallel II), which are ultimately controlled by Brookfield Corporation.
TORM (TRMD) announced the closing of a secondary public offering of 6,329,874 Class A common shares by OCM Njord Holdings. The selling shareholder, indirectly owned by funds indirectly managed by Oaktree Capital Management GP and its affiliates, no longer beneficially owns any TORM Class A common shares. TORM received no proceeds from the offering. J.P. Morgan Securities acted as sole underwriter.
TORM (TRMD) increased its share capital by 61,105 Class A shares following exercises under its restricted share unit incentive program. Restricted share units are rights to receive shares. Of the new shares, 57,772 were subscribed for in cash at DKK 179.80 each and 3,333 at DKK 124.20 each. The issuance increased nominal capital by USD 611.05, bringing total share capital to USD 1,027,118.82, divided into 102,711,882 Class A shares.
TORM (TRMD) announced a secondary public offering of 6,329,874 Class A common shares by selling shareholder OCM Njord Holdings.
The selling shareholder, indirectly owned by funds indirectly managed by Oaktree Capital Management GP and its affiliates, beneficially owns approximately 6% of TORM's Class A common shares before the offering. TORM is not selling shares and will receive no proceeds. J.P. Morgan Securities is the sole underwriter and intends to offer the shares at a fixed price that may change at any time without notice. The offering is subject to market and other conditions; completion and timing are not assured.
TORM (TRMD, TRMD A) has increased its share capital by 132,421 Class A shares following RSU exercises. The nominal capital rose by USD 1,324.21, with new shares subscribed in cash at DKK 111.60, DKK 124.20 and DKK 179.80 per share, without pre-emption rights for existing shareholders. The new ordinary shares carry dividend and voting rights from issuance and are expected to be admitted to trading and official listing on Nasdaq Copenhagen. After the increase, total share capital is USD 1,025,536.88 divided into 102,553,688 A-shares of USD 0.01 nominal value each, with one vote per share.
TORM (TRMD, TRMD A) announced the pricing of a secondary public offering of 9,000,000 Class A common shares sold by OCM Njord Holdings S.à r.l. for gross proceeds of approximately U.S. $290.25 million to the selling shareholder.
The underwriter, J.P. Morgan Securities LLC, has a 30-day option to buy up to an additional 1,350,000 shares. The company will not sell any shares and will not receive proceeds. The offering is expected to close on September 16, 2026 and is being made under an effective SEC shelf registration.
TORM plc (TRMD / TRMD A) announced a secondary public offering of 9,000,000 Class A common shares by selling shareholder OCM Njord Holdings S.à r.l., which is indirectly owned by Oaktree-managed funds. The selling shareholder plans to grant the underwriter a 30-day option to buy up to an additional 1,350,000 Class A shares. TORM is not issuing shares and will not receive proceeds. J.P. Morgan Securities LLC is sole underwriter, and the offer will be made via an effective SEC shelf registration, subject to market and other conditions.
TORM plc (Nasdaq: TRMD, TRMD A) has appointed Jann Brown to its Board of Directors, effective 1 October 2026, following a planned succession process. The company states that the move supports its focus on governance, continuity, and long-term value creation for shareholders.
The Board has also promoted Annette Malm Justad to Senior Independent Director to further enhance governance and shareholder engagement. Brown brings extensive international finance, risk management, strategy, and corporate governance experience from executive and non-executive roles in several sectors.
TORM plc (NASDAQ: TRMD A) increased share capital by 43,697 A-shares following exercise of Restricted Share Units on March 31, 2026. 10,634 shares were subscribed at DKK 131.80 and 33,063 at DKK 148.70. Post-issue share capital is USD 1,021,233.39 across 102,123,339 A-shares.
New shares are ordinary, carry dividend and voting rights from issuance, and are expected to list on Nasdaq Copenhagen as soon as possible.