SCHEDULE: Oaktree Amends TORM plc Stake Disclosure
Schedule 13D Amendment
Oaktree Capital Management has filed an amendment to its Schedule 13D for TORM plc, updating its beneficial ownership percentage to 40.05% due to a change in the issuer's outstanding Class A shares.
Summary
- Oaktree Capital Management entities (OCM NJORD HOLDINGS S.A R.L., OAKTREE CAPITAL MANAGEMENT GP, LLC, OAKTREE CAPITAL HOLDINGS, LLC, Oaktree Capital Group Holdings GP, LLC) filed Amendment No. 19 to their Schedule 13D for TORM plc.
- The amendment's stated purpose is to amend the description of a Sale and Purchase Agreement in Item 4 of the Schedule 13D.
- It also reflects an updated beneficial ownership percentage for TORM plc's Class A common shares.
- As of November 14, 2025, the reporting persons beneficially own 40,581,120 Class A Shares.
- This represents approximately 40.05% of the total outstanding Class A Shares.
- The percentage is calculated based on 101,318,501 Class A Shares outstanding as of November 14, 2025, as reported in TORM plc's Form 6-K.
- The change in the reported percentage is solely due to the change in the total outstanding Class A Shares, not new transactions by Oaktree.
- The reporting persons have not effected any transactions in TORM plc shares within the past 60 days.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine informational filing updating beneficial ownership percentage due to a change in the issuer's total outstanding shares, with no new transactions by the reporting persons.
Future Outlook
na
Industry Context
This filing is a routine update to a significant shareholder's beneficial ownership disclosure and does not provide broader industry context or trends.
Stakeholder Impact
- The update clarifies Oaktree Capital Management's current percentage of beneficial ownership in TORM plc, which may be relevant for shareholders tracking major investor stakes and control dynamics.
Key Dates
| Date | Description |
|---|---|
| 11/14/2025 | Date of event requiring filing (change in outstanding shares). |
| 11/17/2025 | Date of filing of Amendment No. 19. |
Keywords
TORM plc, Oaktree Capital Management, Schedule 13D, beneficial ownership, Class A shares, equity stake, SEC filing
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