Oaktree Capital reports 19.86% stake in TORM plc

Corporate Action
โดย PR Newswire·Read original
Summary · why it matters

Oaktree Capital Group Holdings GP, LLC has informed TORM plc that its affiliate OCM Njord Holdings S.à r.l. holds 20,329,874 shares, representing 19.86% of the total share capital and voting rights in the product tanker company. The disclosure was made in accordance with section 30 of the Danish Capital Markets Act. TORM, founded in 1889, operates a global fleet of refined oil product tankers and is listed on Nasdaq in Copenhagen and New York under the tickers TRMD A and TRMD.

Impact on stocks 1

Energy▲ · 1 stocks
Torm PLC Class A
0RG4
± MixedCapitalrelevance

Oaktree Capital discloses 19.86% stake; no indication of intent or impact on TORM's operations.

Off-coverage companies 2

Oaktree Capital Group Holdings GP, LLCPrivate± Mixed
relevance

OCM Njord Holdings S.à r.l.Private± Mixed
relevance

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