TIDMTRMD TIDMA 
 
 
 
   TORM plc has been notified of the following transaction in TORM plc 
securities: 
 
   TR-1: Standard form for notification of major holdings 
 
 
 
 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the 
  relevant issuer and to the FCA in Microsoft Word format 
  if possible)(i) 
 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer or the underlying issuer 
  of existing shares to which voting rights are attached(ii) 
  :                                                                                                                                                           TORM plc 
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 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
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 Non-UK issuer 
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 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
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 An acquisition or disposal of voting rights                                                                                                                                                       X 
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 An acquisition or disposal of financial instruments 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------  -------------------------------------------- 
 An event changing the breakdown of voting rights 
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 Other (please specify)(iii) : 
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 3. Details of person subject to the notification obligation(iv) 
 Name                                                                                                     Oaktree Capital Group Holdings GP, LLC 
 City and country of registered office (if applicable)                                                    Los Angeles, United States of America 
 4. Full name of shareholder(s) (if different from 
  3.)(v) 
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 Name                                                                                                     OCM Njord Holdings S.à r.l. 
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 City and country of registered office (if applicable)                                                    Luxembourg 
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 5. Date on which the threshold was crossed or reached(vi) 
  :                                                                                                       4 September 2019 
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 6. Date on which issuer notified (DD/MM/YYYY):                                                           6 September 2019 
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 7. Total positions of person(s) subject to the notification 
  obligation 
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                                                      % of voting rights attached to shares (total of 8.  % of voting rights through financial instruments  Total of both in 
                                                                              A)                                      (total of 8.B 1 + 8.B 2)               % (8.A + 8.B)    Total number of voting rights of issuer(vii) 
 ---------------------------------------------------  --------------------------------------------------  ------------------------------------------------  ----------------  -------------------------------------------- 
 Resulting situation on the date on which threshold 
  was crossed or reached                                                                           65.01                                                 0             65.01                                    48,252,053 
 ---------------------------------------------------  --------------------------------------------------  ------------------------------------------------  ----------------  -------------------------------------------- 
Position of previous notification (if 
 applicable)                                                                                       64.41                                                 0             64.41 
----------------------------------------------------  --------------------------------------------------  ------------------------------------------------  ----------------  -------------------------------------------- 
 
 
 
 
 
 
 
 8. Notified details of the resulting situation on 
 the date on which the threshold was crossed or reached(viii) 
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A: Voting rights attached to shares 
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Class/type of 
 shares 
 ISIN code (if possible)                                       Number of voting rights(ix)                                     % of voting rights 
--------------------------- 
                                                  Direct                                          Indirect                                                Direct                              Indirect (Art 10 of Directive 2004/109/EC) 
                                 (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)            (Art 9 of Directive 2004/109/EC) (DTR5.1)                            (DTR5.2.1) 
 -------------------------   -------------------------------------------------  ---------------------------------------------  ------------------------------------------------------------  --------------------------------------------- 
A shares 
 GB00BZ3CNK81                                                              N/A                                     48,252,053                                                           N/A                                          65.01 
---------------------------  -------------------------------------------------  ---------------------------------------------  ------------------------------------------------------------  --------------------------------------------- 
 
SUBTOTAL 8. A                                                           48,252,053                                                                                                65.01 
---------------------------  ------------------------------------------------------------------------------------------------  ----------------------------------------------------------------------------------------------------------- 
 
B 1: Financial Instruments according to Art. 13(1)(a) 
 of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
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                                                                                                                                        Number of voting rights that may be acquired if the 
Type of financial                                                   Expiration                                      Exercise/                                                 instrument is 
instrument                                                             date(x)                          Conversion Period(xi)                                          exercised/converted.                             % of voting rights 
---------------------------  -------------------------------------------------  ---------------------------------------------  ------------------------------------------------------------  --------------------------------------------- 
 
                                                                                                              SUBTOTAL 8. B 1 
                                                                                ---------------------------------------------  ------------------------------------------------------------  --------------------------------------------- 
 
B 2: Financial Instruments with similar economic effect 
 according to Art. 13(1)(b) of Directive 2004/109/EC 
 (DTR5.3.1.1 (b)) 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 
Type of financial           Expiration                                                                   Exercise/ Conversion  Physical or cash 
instrument                   date(x)                                                                              Period (xi)   settlement(xii)                     Number of voting rights                             % of voting rights 
--------------------------  --------------------------------------------------  ---------------------------------------------  ----------------  ------------------------------------------  --------------------------------------------- 
 
                                                                                                                                 SUBTOTAL 8.B.2 
                                                                                                                               ----------------  ------------------------------------------  --------------------------------------------- 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not 
  controlled by any natural person or legal entity and 
  does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or legal 
  entity(xiv) (please add additional rows as necessary)                                                                                                                                                             X 
 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------  ----------------------------------------------- 
                             % of voting rights if it equals or is higher than        % of voting rights through financial instruments if                        Total of both if it equals or is higher than the notifiable 
          Name(xv)                        the notifiable threshold                    it equals or is higher than the notifiable threshold                                                threshold 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group 
 Holdings GP, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group 
 Holdings, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings I, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Fund GP I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 IX GP Ltd. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 IX, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 OCM Luxembourg Opps IX 
 Sarl 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 
 Oaktree Capital Group 
 Holdings GP, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group 
 Holdings, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings I, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Fund GP I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 IX GP Ltd. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 IX (Parallel), L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 OCM Luxembourg Opps IX 
 Sarl 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 
 Oaktree Capital Group 
 Holdings GP, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group 
 Holdings, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings I, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Fund GP I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 IX GP Ltd. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 IX GP L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 IX (Parallel 2), L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 OCM Luxembourg Opps IX 
 (Parallel 2) Sarl 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 
 Oaktree Capital Group 
 Holdings GP, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group 
 Holdings, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings I, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Fund GP I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 VIIIb GP Ltd. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 VIIIb GP,L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 VIIIb L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 OCM Luxembourg Opps VIIIb 
 Sarl 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 
 Oaktree Capital Group 
 Holdings GP, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group 
 Holdings, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital Group, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Holdings I, LLC 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Capital I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Fund GP I, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 VIIIb GP Ltd. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 VIIIb GP, L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 Oaktree Opportunities Fund 
 VIIIb (Parallel), L.P. 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 OCM Luxembourg Opps VIIIb 
 Sarl 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 
 OCM Njord Holdings 
  S.à r.l.(1)                                                       65.01                                                                                                                                                         65.01 
 --------------------------  -------------------------------------------------  ---------------------------------------------------------------  ------------------------------------------------------------------------------------------- 
 (1) OCM Njord Holdings S.à r.l. is jointly controlled 
  by OCM Luxembourg Opps IX Sarl, OCM Luxembourg Opps 
  IX (Parallel II) Sarl and OCM Luxembourg Opps VIIIb 
  Sarl and the ownership chain in respect of each is 
  set out in section 9. 
 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 10. In case of proxy voting, please identify: 
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 Name of the proxy holder                                                       N/A 
 -----------------------------------------------------------------------------  ------------------------------------------------------------------------------------------------------------------------------------------------------------ 
 The number and % of voting rights held                                         N/A 
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 The date until which the voting rights will be held                            N/A 
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 11. Additional information(xvi) 
 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 In addition to the A shares, OCM Njord Holdings S.à 
  r.l. holds the sole C share of nominally USD 0.01 
  which carries 350,000,000 votes in respect of certain 
  matters as set out in TORM plc's articles of association. 
  OCM Njord Holdings S.à r.l. holds 100% of the 
  C share capital and 100% of the voting rights attached 
  to the C share. 
 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 
 
 
 
 
 
Place of completion  London, United Kingdom 
-------------------  ---------------------- 
Date of completion   6 September 2019 
-------------------  ---------------------- 
 
 
 
 
 
 
CONTACT                                 TORM plc 
Morten Agdrup, IR, tel.: +45 3917 9249  Birchin Court, 20 Birchin 
                                         Lane 
                                        London, EC3V 9DU, United 
                                         Kingdom 
                                        Tel.: +44 203 713 4560 
                                        www.torm.com 
 
   ABOUT TORM 
 
   TORM is one of the world's leading carriers of refined oil products. The 
Company operates a fleet of approximately 80 modern vessels with a 
strong commitment to safety, environmental responsibility and customer 
service. TORM was founded in 1889. The Company conducts business 
worldwide. TORM's shares are listed on Nasdaq Copenhagen and NASDAQ New 
York (ticker: TRMD A and TRMD). For further information, please visit 
www.torm.com. 
 
   SAFE HARBOR STATEMENTS AS TO THE FUTURE 
 
   Matters discussed in this release may constitute forward-looking 
statements. Forward-looking statements reflect our current views with 
respect to future events and financial performance and may include 
statements concerning plans, objectives, goals, strategies, future 
events or performance, and underlying assumptions and statements other 
than statements of historical facts. The words "believe," "anticipate," 
"intend," "estimate," "forecast," "project," "plan," "potential," "may," 
"should," "expect," "pending" and similar expressions generally identify 
forward-looking statements. 
 
   The forward-looking statements in this release are based upon various 
assumptions, many of which are based, in turn, upon further assumptions, 
including without limitation, management's examination of historical 
operating trends, data contained in our records and other data available 
from third parties. Although the Company believes that these assumptions 
were reasonable when made, because these assumptions are inherently 
subject to significant uncertainties and contingencies that are 
difficult or impossible to predict and are beyond our control, the 
Company cannot guarantee that it will achieve or accomplish these 
expectations, beliefs or projections. 
 
   Important factors that, in our view, could cause actual results to 
differ materially from those discussed in the forward-looking statements 
include the strength of the world economy and currencies, changes in 
charter hire rates and vessel values, changes in demand for "ton miles" 
of oil carried by oil tankers, the effect of changes in OPEC's petroleum 
production levels and worldwide oil consumption and storage, changes in 
demand that may affect attitudes of time charterers to scheduled and 
unscheduled dry-docking, changes in TORM's operating expenses, including 
bunker prices, dry-docking and insurance costs, changes in the 
regulation of shipping operations, including requirements for double 
hull tankers or actions taken by regulatory authorities, potential 
liability from pending or future litigation, domestic and international 
political conditions, potential disruption of shipping routes due to 
accidents, political events or acts by terrorists. 
 
   In light of these risks and uncertainties, you should not place undue 
reliance on forward-looking statements contained in this release because 
they are statements about events that are not certain to occur as 
described or at all. These forward-looking statements are not guarantees 
of our future performance, and actual results and future developments 
may vary materially from those projected in the forward-looking 
statements. 
 
   Except to the extent required by applicable law or regulation, the 
Company undertakes no obligation to release publicly any revisions to 
these forward-looking statements to reflect events or circumstances 
after the date of this release or to reflect the occurrence of 
unanticipated events. 
 
 
 
   Attachment 
 
 
   -- 15-2019 - TORM plc Notification of major holdings in the Company - US 
      https://ml-eu.globenewswire.com/Resource/Download/8d22005e-5a06-4af0-91d1-531836a189e8 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

September 06, 2019 10:10 ET (14:10 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.