0000919574-19-003909.txt : 20190531 0000919574-19-003909.hdr.sgml : 20190531 20190531114200 ACCESSION NUMBER: 0000919574-19-003909 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190531 FILED AS OF DATE: 20190531 DATE AS OF CHANGE: 20190531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TORM plc CENTRAL INDEX KEY: 0001655891 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38294 FILM NUMBER: 19869281 BUSINESS ADDRESS: STREET 1: BIRCHIN COURT STREET 2: 20 BIRCHIN LANE CITY: LONDON STATE: X0 ZIP: EC3V 9DU BUSINESS PHONE: 44 203 286 6222 MAIL ADDRESS: STREET 1: BIRCHIN COURT STREET 2: 20 BIRCHIN LANE CITY: LONDON STATE: X0 ZIP: EC3V 9DU FORMER COMPANY: FORMER CONFORMED NAME: TORM Ltd DATE OF NAME CHANGE: 20151125 FORMER COMPANY: FORMER CONFORMED NAME: Anchor Admiral Ltd DATE OF NAME CHANGE: 20151016 6-K 1 d8234803_6-k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2019

Commission File Number 001-38294

TORM plc

Birchin Court, 20 Birchin Lane, London, EC3V 9DU, United Kingdom

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X]       Form 40-F [  ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [  ].

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [  ].

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.



INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this Report on Form 6-K as Exhibit 99.1 is a copy of the press release of TORM plc (the “Company”), dated May 29, 2019, announcing that the Company has appointed Kim Balle as Chief Financial Officer.

The information contained in this Report on Form 6-K, except for the commentary of Jacob Meldgaard and Kim Balle, is hereby incorporated by reference into the Company's registration statement on Form F-3 (File No. 333-228878) that was filed with the U.S. Securities and Exchange Commission effective February 12, 2019.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 
TORM PLC
   
Dated: May 31, 2019
 
       
 
By:
/s/ Jacob Meldgaard
 
   
Jacob Meldgaard
 
   
Executive Director and Principal Executive Officer
 
       
       


EX-99.1 2 d8234803_ex99-1.htm

Exhibit 99.1






TORM appoints Kim Balle as new CFO

“I am pleased to announce the appointment of Kim Balle as new Chief Financial Officer of TORM. I believe that Kim through his background in the financial sector and managerial experience across various industries will be a strong contributor to the One TORM platform,” says Jacob Meldgaard.

Kim Balle has been appointed Chief Financial Officer (CFO) of TORM A/S. Kim has a background from the financial sector where he most recently held a position as Head of Corporate Banking in Danske Bank. In addition, Kim has been Group CFO in DLG, and currently Kim holds a position as Group CFO in the private equity-owned CASA A/S.

“I look forward to joining the team at TORM and to continuing the work on maintaining a strong financial platform that secures strategic flexibility for TORM,” says Kim Balle.

Kim Balle will take up the position as CFO of TORM no later than 1 December 2019 and will replace Christian Søgaard-Christensen (c.f. announcement no. 19 of 14 December 2018).

Kim will participate in TORM’s Long-Term Incentive Program with a grant of 127,600 Restricted Share Units (RSUs) in 2019.


   
CONTACT
TORM plc
Jacob Meldgaard, Executive Director, tel.: +45 3917 9200
Birchin Court, 20 Birchin Lane
Morten Agdrup, IR, tel.: +45 3917 9249
London, EC3V 9DU, United Kingdom
 
Tel.: +44 203 713 4560
 
www.torm.com
   


ABOUT TORM
TORM is one of the world’s leading carriers of refined oil products. The Company operates a fleet of approximately 80 modern vessels with a strong commitment to safety, environmental responsibility and customer service. TORM was founded in 1889. The Company conducts business worldwide. TORM’s shares are listed on NASDAQ Copenhagen and NASDAQ New York (tickers: TRMD A and TRMD). For further information, please visit www.torm.com.

SAFE HARBOR STATEMENTS AS TO THE FUTURE
Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and statements other than statements of historical facts. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions generally identify forward-looking statements.

The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs or projections.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of the world economy and currencies, changes in charter hire rates and vessel values, changes in demand for “ton miles” of oil carried by oil tankers, the effect of changes in OPEC’s petroleum production levels and worldwide oil consumption and storage, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled dry-docking, changes in TORM’s operating expenses, including bunker prices, dry-docking and insurance costs, changes in the regulation of shipping operations, including requirements for double hull tankers or actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, potential disruption of shipping routes due to accidents, political events or acts by terrorists.

In light of these risks and uncertainties, you should not place undue reliance on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.

Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.




Announcement no. 11 / 29 May 2019
TORM appoints Kim Balle as new CFO
Page 1 of 1



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