Hafnia Limited Boosts Stake in TORM plc with $145.1M Share Purchase

Significant Stake Increase in TORM plc by Hafnia Limited

Overview On September 17, 2026, Hafnia Limited filed Amendment No. 1 to Schedule 13D detailing a substantial acquisition of Class A common shares of TORM plc. On September 15, 2026, Hafnia purchased 4,500,000 Class A shares at $32.25 per share in a secondary offering structured as a bought transaction via J.P. Morgan Securities LLC, representing a total capital deployment of $145,125,000.

Key Ownership Details

• Pre-Transaction Holdings: 14,156,061 shares (~13.82%)
• Shares Acquired: 4,500,000 shares
• Post-Transaction Holdings: 18,656,061 shares
• Ownership Percentage: 18.22% (based on 102,421,267 shares outstanding as of September 11, 2026)
• Voting and Dispositive Power: Sole voting and dispositive power over all 18,656,061 shares

Source of Funds & Strategic Context The acquisition was funded through proceeds from a loan provided by Hafnia's principal shareholder, BW Group Limited. Hafnia’s continued accumulation of TORM plc equity strengthens the strategic ties and influence of the BW Group ecosystem within the product tanker shipping segment.