Please wait

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13D/A 0000905148-18-000162 0001403525 XXXXXXXX LIVE 21 Class A common shares, par value $0.01 per share 01/06/2026 false 0001655891 G89479102 TORM plc Birchin Court 20 Birchin Lane London X0 EC3V 9DU Richard Ting (213) 830-6300 Oaktree Capital Management, L.P. 333 S. Grand Avenue, 28th Floor Los Angeles CA 90071 Y OCM NJORD HOLDINGS S.A R.L b WC N4 0 26425059 0 26425059 26425059 N 26.08 OO The percent of class is calculated based on 101,332,707 shares of Class A common stock, par value $0.01 per share (the "Class A Shares") outstanding as of November 21, 2025, as reported in Exhibit 99.1 to the Issuer's Form 6-K filed with the Securities and Exchange Commission on November 21, 2025 (the "Form 6-K"). Y Oaktree Capital Management GP, LLC b AF DE 0 26425059 0 26425059 26425059 N 26.08 OO The percent of class is calculated based on 101,332,707 Class A Shares outstanding as of November 21, 2025, as reported in the Issuer's Form 6-K. Y Oaktree Capital Holdings, LLC b AF DE 0 26425059 0 26425059 26425059 N 26.08 OO The percent of class is calculated based on 101,332,707 Class A Shares outstanding as of November 21, 2025, as reported in the Issuer's Form 6-K. 0001403525 Oaktree Capital Group Holdings GP, LLC b AF DE 0 26425059 0 26425059 26425059 N 26.08 OO The percent of class is calculated based on 101,332,707 Class A Shares outstanding as of November 21, 2025, as reported in the Issuer's Form 6-K. Class A common shares, par value $0.01 per share TORM plc Birchin Court 20 Birchin Lane London X0 EC3V 9DU This Amendment No. 21 ("Amendment No. 21") is being filed solely to report the change in voting rights held by the Reporting Persons. Amendment No. 21 is being filed by the undersigned to amend the Schedule 13D filed by the Reporting Persons on February 5, 2018, as amended by Amendment No. 1 thereto filed March 27, 2020, Amendment No. 2 thereto filed May 19, 2020, Amendment No. 3 thereto filed June 5, 2020, Amendment No. 4 thereto filed June 17, 2020, Amendment No. 5 thereto filed September 14, 2020, Amendment No. 6 thereto filed April 26, 2023, Amendment No. 7 thereto filed June 12, 2023, Amendment No. 8 thereto filed December 4, 2023, Amendment No. 9 thereto filed January 9, 2024, Amendment No. 10 thereto filed January 18, 2024, Amendment No. 11 thereto filed March 14, 2024, Amendment No. 12 thereto filed April 8, 2024, Amendment No. 13 thereto filed June 3, 2024, Amendment No. 14 thereto filed October 3, 2024, Amendment No. 15 thereto filed March 18, 2025, Amendment No. 16 thereto filed September 5, 2025, Amendment No. 17 thereto filed September 15, 2025 and Amendment No. 18 thereto filed September 29, 2025, Amendment 19 thereto filed November 17, 2025, Amendment 20 thereto filed December 13, 2025 (the "Original 13D," and together with Amendment No. 21, the "Schedule 13D") with respect to the Class A Shares of the Issuer. Except as specifically provided herein, this Amendment No. 21 does not modify any of the information previously reported on the Schedule 13D. Capitalized terms not otherwise defined in this Amendment No. 21 shall have the same meanings ascribed thereto in the Schedule 13D. The Issuer is a foreign private issuer as defined in Rule 3b-4 of the Act and its principal executive offices are at Birchin Court, 20 Birchin Lane, London, EC3V 9DU, United Kingdom. Item 4 of the Schedule 13D is hereby amended to add the following at the end thereof: In accordance with the Issuer's articles of association ("Articles"), the Board of Directors has determined that the threshold date defined in the Articles (being the first time at which the Reporting Persons beneficially own less than one third of the outstanding shares) occurred on January 6, 2026. Accordingly, on such date, the class C-share held by the Reporting Persons ceased to be entitled to vote 350,000,000 shares and is being redeemed, resulting in a decrease in the Reporting Persons' aggregate voting rights from 83.40% to 26.08%. The Reporting Persons continue to beneficially own an aggregate of 26,425,059 Class A Shares representing the entirety of their voting rights. OCM NJORD HOLDINGS S.A R.L /s/ Martin Eckel Martin Eckel / Manager 01/08/2026 Oaktree Capital Management GP, LLC /s/ Henry Orren Henery Orren / Senior Vice President 01/08/2026 Oaktree Capital Holdings, LLC /s/ Henry Orren Henery Orren / Senior Vice President 01/08/2026 Oaktree Capital Group Holdings GP, LLC /s/ Henry Orren Henry Orren / Senior Vice President 01/08/2026