TORM plc announced the closing of a secondary public offering in which OCM Njord Holdings S.à r.l. sold 9,000,000 of TORM’s Class A common shares. The selling shareholder is indirectly owned by funds managed by Oaktree Capital Management, L.P. and its affiliates. TORM did not sell shares or receive proceeds from the transaction. OCM Njord Holdings beneficially owns approximately 11.06% of TORM’s Class A common shares after the offering and granted J.P. Morgan Securities LLC, the sole underwriter, a 30-day option to purchase up to 1,350,000 additional shares. The offering was conducted under an effective U.S. Securities and Exchange Commission shelf registration statement and through a prospectus supplement and accompanying base prospectus.