TORM shareholder OCM Njord prices secondary offering of 6,329,874 Class A shares for USD 253.5 million

Bitget2026/10/06 11:54

TORM priced a secondary offering of 6,329,874 Class A common shares sold by OCM Njord Holdings. Gross proceeds to the selling shareholder seen at about U.S. $253.5 million; expected to close Oct. 7, 2026. TORM is not issuing shares in the deal; it will not receive any proceeds. OCM Njord held about 6% of the Class A common shares before the offering. J.P. Morgan Securities is sole underwriter; shares to be offered at a fixed price that may change. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TORM plc published the original content used to generate this news brief via Cision (Ref. ID: 20261006:BIT:9637:0) on October 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.