CPSE:TRMD AOil and Gas
TORM (CPSE:TRMD A) Launches 9,000,000 Share Secondary Offering
TORM (CPSE:TRMD A) reported a secondary public offering of 9,000,000 Class A common shares by OCM Njord Holdings S.à r.l.
The offering size may rise to over 10,000,000 shares if the underwriters exercise their option in full.
OCM Njord Holdings S.à r.l. is acting as a selling shareholder, and TORM is not issuing new equity as part of this sale.
The large OCM Njord secondary share sale sits against a broader context that our ongoing TORM research has uncovered. Take a look at 2 other big wins...