TORM PLC
|
|||
Dated: August 28, 2020
|
|||
By:
|
/s/ Jacob Meldgaard
|
||
Jacob Meldgaard
|
|||
Executive Director and Principal Executive Officer
|
|||
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format, if possible)i
|
|||||
1a. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attachedii:
|
TORM plc
|
||||
1b. Please indicate if the issuer is a non-UK issuer (please
mark with an “X” if appropriate)
|
|||||
Non-UK issuer
|
|||||
2. Reason for the notification (please mark the appropriate box or boxes
with an “X”)
|
|||||
An acquisition or disposal of voting rights
|
X
|
||||
An acquisition or disposal of financial instruments
|
|||||
An event changing the breakdown of voting rights
|
|||||
Other (please specify)iii:
|
|||||
3. Details of person subject to the notification obligationiv
|
|||||
Name
|
DW Partners, LP
|
||||
City and country of registered office (if applicable)
|
Wilmington, Delaware (United States)
|
||||
4. Full name of shareholder(s) (if different from 3.)v
|
|||||
Name
|
DW Catalyst Master Fund, Ltd. (“DW Catalyst”)
DW Value Master Fund, Ltd. (“DW Value”)
DW-TX, LP (“DW-TX”)
|
||||
City and country of registered office (if applicable)
|
For DW Catalyst & DW Value:
George Town, Grand Cayman (Cayman Islands)
For DW-TX:
Wilmington, Delaware (United States)
|
||||
5. Date on which the threshold was crossed or reachedvi:
|
26 August 2020
|
||||
6. Date on which issuer was notified (DD/MM/YYYY):
|
27 August 2020
|
||||
7. Total positions of person(s) subject to the notification obligation
|
|||||
% of voting rights attached to shares (total of 8. A)
|
% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B)
|
Total number of voting rights of issuervii
|
||
Resulting situation on the date on which threshold was crossed or reached
|
2.85%
|
0%
|
2.85%
|
74,760,653
|
|
Position of previous notification (if
applicable)
|
3.92%
|
0%
|
3.92%
|
8. Notified details of the resulting situation on the date on which the threshold
was crossed or reachedviii
|
|||||||||
A: Voting rights attached to shares
|
|||||||||
Class/type of
shares ISIN code (if possible)
|
Number of voting rightsix
|
% of voting rights
|
|||||||
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
|
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
|
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
|
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
|
||||||
A-shares
GB00BZ3CNK81
|
0
|
2,128,940
|
0%
|
2.85%
|
|||||
SUBTOTAL 8. A
|
2,128,940
|
2.85%
|
|||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
|
|||||||||
Type of financial instrument
|
Expiration
datex |
Exercise/
Conversion Periodxi |
Number of voting rights that may be acquired if the instrument is
exercised/converted
|
% of voting rights
|
|||||
SUBTOTAL 8. B 1
|
|||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
|
|||||||||
Type of financial instrument
|
Expiration
datex |
Exercise/
Conversion Period xi |
Physical or cash
settlementxii
|
Number of voting rights
|
% of voting rights
|
||||
SUBTOTAL 8. B.2
|
|||||||||
Announcement no. 23 / 28 August 2020
|
Notification of major holdings in the Company
|
Page 2 of 4
|
9. Information in relation to the person subject to the notification obligation (please
mark the applicable box with an “X”)
|
||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly
or indirectly an interest in the (underlying) issuerxiii
|
||||
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as
necessary)
|
||||
Namexv
|
% of voting rights if it equals or is higher than the notifiable threshold
|
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
|
Total of both if it equals or is higher than the notifiable threshold
|
|
DW Partners, LP
|
2.85%
|
0%
|
2.85%
|
|
DW Catalyst Master Fund, Ltd.
|
||||
DW Partners, LP
|
2.85%
|
0%
|
2.85%
|
|
DW Value Master Fund, Ltd.
|
||||
DW Partners, LP
|
2.85%
|
0%
|
2.85%
|
|
DW-TX, LP
|
||||
10. In case of proxy voting, please identify:
|
||||
Name of the proxy holder
|
N/A
|
|||
The number and % of voting rights held
|
N/A
|
|||
The date until which the voting rights will be held
|
N/A
|
|||
11. Additional informationxvi
|
||||
DW Partners, LP serves as investment adviser to DW Catalyst Master Fund, Ltd., DW Value Master Fund, Ltd. and DW-TX, LP and controls the voting rights associated
with each fund’s holdings.
|
Place of completion
|
New York, NY (United States)
|
Date of completion
|
27 August 2020
|
Announcement no. 23 / 28 August 2020
|
Notification of major holdings in the Company
|
Page 3 of 4
|
CONTACT
|
TORM plc
|
Morten Agdrup, IR, tel.: +45 3917 9249
|
Birchin Court, 20 Birchin Lane,
|
London EC3V 9DU, United Kingdom
|
|
Tel.: +44 203 713 4560
|
|
www.torm.com
|
|
Announcement no. 23 / 28 August 2020
|
Notification of major holdings in the Company
|
Page 4 of 4
|
*9=2\+1VWDW'SR))*(]K^WZ5ZE\(=+\1Z) MX833/%"0^9;G;"\HIM F NFHHH$8OC+3I]6\ M,W]E:!3/-$50,<#/UKYO\'?!'QCI7BO2;^[ALA;VUU'+(5N03M# G Q7U512 ML.X4444Q!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111 @0 4444 %%%% !1110 4444 %%%% !1110 4444 ?_]D! end