TORM Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:1T4 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Oct 24	Sell€7,807,783	Jacob Meldgaard	Individual	260,763	€30.06
02 Oct 24	Sell€192,300	Par Trapp	Individual	6,410	€30.00
08 Mar 24	Sell€195,488	Par Trapp	Individual	6,410	€30.50

Insider Trading Volume

Insider Buying: 1T4 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 1T4?
Owner Type	Number of Shares	Ownership Percentage
State or Government	27,320	0.0281%
Individual Insiders	28,904	0.0297%
General Public	37,245,993	38.3%
Institutions	60,010,995	61.7%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.4%.

Top Shareholders

Top 25 shareholders own 58.85% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
41.7%	Brookfield Corporation	40,581,120	€715.8m	0%	2.17%
2.47%	Acadian Asset Management LLC	2,403,552	€42.4m	89.9%	0.11%
2.31%	Arrowstreet Capital, Limited Partnership	2,251,097	€39.7m	0.45%	0.03%
1.58%	The Vanguard Group, Inc.	1,539,577	€27.2m	2.27%	no data
1.3%	Two Sigma Advisers, LP	1,266,900	€22.3m	2.63%	0.05%
1.21%	Dimensional Fund Advisors LP	1,178,934	€20.8m	2.62%	no data
1.02%	Two Sigma Investments, LP	994,877	€17.5m	-6.91%	0.04%
0.98%	Norges Bank Investment Management	954,395	€16.8m	0%	no data
0.66%	Fidelity International Ltd	641,557	€11.3m	0%	no data
0.57%	American Century Investment Management Inc	555,293	€9.8m	-3.18%	no data
0.51%	Marshall Wace LLP	497,370	€8.8m	-65.2%	0.01%
0.5%	Voloridge Investment Management, LLC	482,268	€8.5m	-15.9%	0.03%
0.46%	Renaissance Technologies LLC	451,973	€8.0m	-32.5%	0.01%
0.45%	abrdn plc	437,792	€7.7m	0%	0.01%
0.43%	Morgan Stanley, Investment Banking and Brokerage Investments	414,697	€7.3m	-68.3%	no data
0.39%	Barclays Bank PLC, Securities Investments	384,308	€6.8m	65.4%	0.01%
0.35%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	344,003	€6.1m	0.44%	no data
0.35%	BNY Asset Management	341,484	€6.0m	-3.85%	no data
0.32%	Allianz Asset Management GmbH	313,854	€5.5m	111%	no data
0.31%	Bessemer Investment Management LLC	302,781	€5.3m	598%	0.01%
0.3%	JPMorgan Chase & Co, Brokerage and Securities Investments	287,840	€5.1m	-31.4%	no data
0.24%	WisdomTree Asset Management, Inc.	234,447	€4.1m	-8.66%	0.02%
0.18%	Ramirez Asset Management, Inc.	170,530	€3.0m	35.9%	0.63%
0.13%	Davidson Kempner Capital Management LP	125,000	€2.2m	0%	0.11%
0.12%	Goldman Sachs Group, Investment Banking and Securities Investments	116,138	€2.0m	-82.8%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 10:47
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TORM plc is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Marcus Bellander	Carnegie Investment Bank AB
Håvard Lie	Danske Bank
Jonathan Chappell	Evercore ISI