Oaktree Capital Group Amends TORM plc Filing

TL;DR

Oaktree Capital Group updated its TORM plc filing on 6/3/24. Ownership details changed.

AI Summary

Oaktree Capital Group Holdings GP, LLC, along with its affiliates, has amended its Schedule 13D filing concerning TORM plc. The filing, dated June 3, 2024, indicates a change in beneficial ownership. The specific percentage of shares held or any dollar amounts related to the change were not detailed in the provided text.

Why It Matters

This amendment signals a potential shift in the ownership structure or investment strategy of TORM plc, which could influence its stock performance and corporate decisions.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility.

Key Players & Entities

• Oaktree Capital Group Holdings GP, LLC (company) — Filing entity
• TORM plc (company) — Subject company
• 20240603 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — suer) Class A common shares, par value $0.01 per share (Title of Class of Securitie
• $36.25 — ares") to the Underwriter at a price of $36.25 per share, or $250,000,010.00 in aggreg
• $250,000,010.00 — iter at a price of $36.25 per share, or $250,000,010.00 in aggregate proceeds to Njord Luxco be

Filing Documents

• ef20030433_sc13da.htm (SC 13D/A) — 251KB
• ef20030433_ex99-b.htm (EX-99.B) — 343KB
• 0001140361-24-028679.txt ( ) — 596KB

(a)-(c) of the Schedule 13D are hereby amended and restated as follows

Item 5 (a)-(c) of the Schedule 13D are hereby amended and restated as follows: (a) and (b) The information contained on the cover pages of this Schedule 13D is incorporated herein by reference. Ownership percentages set forth in this Schedule 13D assume 94,488,303 Class A Shares outstanding as of May 30, 2024, as reported in the Prospectus Supplement. As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 44,109,986 Class A Shares, which represents approximately 46.68% of the total outstanding Class A Shares. (c) Except as related to the May 2024 Block Trade, the Reporting Persons have not effected any transactions in the Common Stock since the filing of Amendment No. 12. Neither the filing of this Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer The information contained in Item 4 is hereby incorporated by reference to this Item 6. Item 7. Materials to be Filed as Exhibits Exhibit Description A. Joint Filing Agreement, dated as of December 4, 2023, by and among the Reporting Persons, incorporated by reference to Exhibit A to Amendment No. 8 to the Schedule 13D. B. Underwriting Agreement, dated as of May 30, 2024, by and among Njord Luxco, the Issuer and Citigroup Global Markets Inc.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: June 3, 2024 OCM NJORD HOLDINGS S. R.L. By: /s/ Martin Eckel Name: Martin Eckel Title: Manager OAKTREE CAPITAL MANAGEMENT GP, LLC By: /s/ Henry Orren Name: Henry Orren Title: Senior Vice President OAKTREE CAPITAL HOLDINGS, LLC By: /s/ Henry Orren Name: Henry Orren Title: Senior Vice President OAKTREE CAPITAL GROUP HOLDINGS GP, LLC By: /s/ Henry Orren Name: Henry Orren Title: Senior Vice President BROOKFIELD ASSET MANAGEMENT ULC By: /s/ Kathy Sarpash Name: Kathy Sarpash Title: Managing Director, Legal & Regulatory BROOKFIELD CORPORATION By: /s/ Swati Mandava Name: Swati Mandava Title: Managing Director, Legal & Regulatory BROOKFIELD ASSET MANAGEMENT LTD. By: /s/ Kathy Sarpash Name: Kathy Sarpash Title: Managing Director, Legal & Regulatory BAM PARTNERS TRUST By: /s/ Kathy Sarpash Name: Kathy Sarpash Title: Secretary

View Full Filing

View this SC 13D/A filing on SEC EDGAR