TORM Major Shareholder OCM Njord Exits Full Stake in Tanker Firm
OCM Njord Holdings has divested its entire position in TORM plc, the Nasdaq-listed tanker company, as of October 6, 2026.
TORM plc, the Denmark-based product tanker operator listed on Nasdaq under the ticker TRMD, disclosed Thursday that a major shareholder has fully exited its position in the company. OCM Njord Holdings S.à r.l., referred to in regulatory filings as Njord Luxco, no longer holds any shares or voting rights in TORM as of October 6, 2026, according to a notice filed under section 30 of the Danish Capital Markets Act.
The disclosure is a mandatory regulatory requirement under Danish securities law, which obliges companies to notify the public when a shareholder's stake crosses key ownership thresholds — including a full exit to zero. TORM made the announcement from its registered address in Hellerup, Denmark.
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The departure of OCM Njord Holdings represents a notable shift in TORM's shareholder structure. Njord Luxco had previously been classified as a major shareholder, meaning it held a reportable stake under Danish capital markets rules. The complete divestiture eliminates any voting influence the entity previously exercised over the company.
TORM operates a fleet of product tankers and has maintained a dual listing on Nasdaq. The company has not indicated in this filing whether the share sale involved a block trade, open-market transactions, or another form of disposition. No financial terms of the exit were disclosed in the regulatory announcement.
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