TORM: OCM Njord sells 6,329,874 shares for $253.5 million

OCM Njord Holdings sold 6,329,874 Class A shares of TORM in a secondary offering, generating approximately $253.5 million in gross proceeds for the selling shareholder. TORM itself did not issue shares and will not receive any proceeds from the transaction, which is expected to close on October 7, 2026. OCM Njord previously held about 6% of TORM's Class A shares.