TORM plc Removes B-Director as Oaktree Stake Falls Below One-Third

Reuters

Jan 06

TORM plc Removes B-Director as Oaktree Stake Falls Below One-Third

TORM plc has announced that following Hafnia Limited's acquisition of shares from Oaktree Capital Management, Oaktree's ownership has dropped below one third of TORM's issued shares. As a result, the position and authority of the B-Director have been extinguished, and the B- and C-shares are being redeemed and cancelled. The right of the C-share to vote has ceased, leaving voting rights with A-shares and one B-share until its redemption.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TORM plc published the original content used to generate this news brief via PR Newswire (Ref. ID: IO57168) on January 06, 2026, and is solely responsible for the information contained therein.

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