#Denmark #Hellerup #TORM plc #Jacob Balslev Meldgaard #Securities Transactions

Overview of TORM plc Securities Transactions

On May 19, 2025, TORM plc (NASDAQ: TRMD, TRMD A), a prominent name in the maritime oil product transportation sector, reported significant transactions involving its securities by executive personnel. This notification provides insights into the trading activities surrounding TORM's shares, particularly those carried out by its directors and closely associated persons.

Executive Update

The report particularly highlighted a transaction conducted by Jacob Balslev Meldgaard, the CEO and Executive Director of TORM plc. As part of the report, this transaction falls under the initial notification category, meaning it was the first time such details were disclosed publicly. Meldgaard's involvement reflects the company's commitment to transparency in reporting the actions of its executives related to the company's financial instruments.

Transaction Details

Reporting Individual: Jacob Balslev Meldgaard

• - Position: CEO/Executive Director
• - Nature of Notification: Initial Notification

Transaction Highlights:

• - Financial Instrument: Shares (ISIN: GB00BZ3CNK81)
• - Nature of Transaction: Exercise of restricted share units
• - Price: DKK 0.08 per share
• - Volume: 33,559 shares
• - Aggregated Information: Total transaction value amounted to DKK 2,684.72
• - Date of Transaction: May 19, 2025
• - Place of Transaction: Outside of a trading venue

This data reflects essential information not only for shareholders but also suggests confidence from TORM's leadership in the company's future prospects, given the exercise of restricted shares.

About TORM plc

Since its inception in 1889, TORM has established itself as one of the leading carriers of refined oil products globally. With a commitment to safety, environmental responsibility, and customer service, the company operates a fleet of product tankers and conducts business on a worldwide scale. TORM is publicly listed on both Nasdaq Copenhagen and Nasdaq New York and maintains a dedication to transparency in its operations. For further insights, interested parties can visit TORM’s official website.

Forward-Looking Statements

As noted in the report, it is crucial for investors to understand the potential risks and uncertainties surrounding these transactions. The forward-looking statements made by the executives suggest a cautious approach towards predicting future financial outcomes. TORM warns stakeholders to be mindful of the various factors, including market conditions, regulatory changes, and geopolitical situations that may influence the company's trajectory. Key risks highlighted include:

• - Changes in market demand and supply dynamics
• - Regulatory adjustments in the maritime industry
• - Political unrest affecting global shipping routes

In conclusion, TORM plc’s recent notification regarding securities transactions underscores their commitment to transparency and informs stakeholders about key decisions taken by their executives. The exercise of securities by their leadership often indicates a belief in the company's ongoing success, and this report certainly provides a detailed glimpse into that environment.

For those invested in the maritime industry or shareholders of TORM, keeping an eye on these developments can assist in making informed decisions regarding investments in TORM’s securities moving forward.