TORM plc announces pricing of secondary public offering of its class A common shares

TORM plc announced the pricing of a secondary public offering of 9.0 million Class A common shares by selling shareholder OCM Njord Holdings S.à r.l. The transaction increases the publicly available share supply but, as a secondary sale by an existing holder, does not directly raise capital for TORM or dilute existing shares. The offering could create near-term pressure on TRMD shares depending on the pricing discount and investor demand.