<SEC-DOCUMENT>0000919574-20-000505.txt : 20200123
<SEC-HEADER>0000919574-20-000505.hdr.sgml : 20200123
<ACCEPTANCE-DATETIME>20200123110229
ACCESSION NUMBER:		0000919574-20-000505
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20200131
FILED AS OF DATE:		20200123
DATE AS OF CHANGE:		20200123

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:		20540905

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d8453344_6-k.htm
<TEXT>
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          <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">UNITED STATES</div>
          <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
          <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Washington, D.C.&#160; 20549</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">FORM 6-K</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: center; margin-left: 9pt; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">For the month of January 2020</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">Commission File Number 001-38294</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">TORM plc</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="background-color: #FFFFFF;">Birchin Court, 20 Birchin Lane, London, EC3V 9DU, United Kingdom</font></div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">(Address of principal executive offices)</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Form 20-F [X]&#160; &#160; &#160;&#160; Form 40-F [&#160; ]</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">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): [&#160; ].</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;"><font style="font-weight: bold;">Note</font>: 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.</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">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): [&#160; ].</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;"><font style="font-weight: bold;">Note</font>: 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.</div>
          <div style="line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif;">&#160;</font><br style="line-height: 11.4pt;">
          </div>
          <div style="line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif;">&#160;</font><br style="line-height: 11.4pt;">
          </div>
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          <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">INFORMATION CONTAINED IN THIS FORM 6-K REPORT</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Attached to this Report on Form 6-K as Exhibit 99.1 is a copy of the press release of TORM plc (the &#8220;Company&#8221;), dated January 23,
            2020, announcing that the Company has entered into an agreement to purchase two scrubber-fitted and fuel-efficient LR2 newbuildings from Guangzhou Shipyard International with expected delivery in the fourth quarter of 2021.</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; font-family: 'Times New Roman', serif;">The information contained in this Report on Form 6-K, except for the commentary of Jacob Meldgaard, 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.</div>
          <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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          </div>
          <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
          <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
          </div>
          <div style="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">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.</div>
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          </div>
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              <tr>
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                <td colspan="3" style="width: 50.16%; vertical-align: top;">
                  <div style="line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">TORM PLC</div>
                </td>
              </tr>
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                <td style="width: 49.84%; vertical-align: top;">&#160;</td>
                <td colspan="3" style="width: 50.16%; vertical-align: top;">&#160;</td>
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                <td style="width: 49.84%; vertical-align: top;">
                  <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Dated: January 23, 2020</div>
                </td>
                <td colspan="3" style="width: 50.16%; vertical-align: top;">&#160;</td>
              </tr>
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                <td style="width: 10.79%; vertical-align: top;">&#160;</td>
                <td style="width: 30.73%; vertical-align: top;">&#160;</td>
                <td style="width: 8.64%; vertical-align: top;">&#160;</td>
              </tr>
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                <td style="width: 10.79%; vertical-align: top;">
                  <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">By:</div>
                </td>
                <td style="width: 30.73%; vertical-align: top; border-bottom: #000000 2px solid;">
                  <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">/s/ Jacob Meldgaard</div>
                </td>
                <td style="width: 8.64%; vertical-align: top;">&#160;</td>
              </tr>
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                <td style="width: 49.84%; vertical-align: top;">&#160;</td>
                <td style="width: 10.79%; vertical-align: top;">&#160;</td>
                <td style="width: 30.73%; vertical-align: top; border-top: #000000 2px solid;">
                  <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Jacob Meldgaard</div>
                </td>
                <td style="width: 8.64%; vertical-align: top;">&#160;</td>
              </tr>
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                <td style="width: 49.84%; vertical-align: top;">&#160;</td>
                <td style="width: 10.79%; vertical-align: top;">&#160;</td>
                <td style="width: 30.73%; vertical-align: top;">
                  <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Executive Director and Principal Executive Officer</div>
                </td>
                <td style="width: 8.64%; vertical-align: top;">&#160;</td>
              </tr>
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                <td style="width: 49.84%; vertical-align: top;">&#160;</td>
                <td style="width: 10.79%; vertical-align: top;">&#160;</td>
                <td style="width: 30.73%; vertical-align: top;">&#160;</td>
                <td style="width: 8.64%; vertical-align: top;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 49.84%; vertical-align: top;">&#160;</td>
                <td style="width: 10.79%; vertical-align: top;">&#160;</td>
                <td style="width: 30.73%; vertical-align: top;">&#160;</td>
                <td style="width: 8.64%; vertical-align: top;">&#160;</td>
              </tr>

          </table>
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      <div><font style="font-weight: bold;"> <br>
        </font></div>
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        </font></div>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d8453344_ex99-1.htm
<TEXT>
<html>
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    <title></title>
    <!-- Licensed to: Sewatd & Kissel LLP
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2020 Broadridge -->
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  <div style="text-align: right; line-height: 13.7pt;">
    <div><font style="font-weight: bold;">Exhibit 99.1</font><br>
    </div>
    <div><font style="font-weight: bold;"> <br>
      </font></div>
    <img width="236" height="56" src="image1.jpg"></div>
  <div style="line-height: 13.7pt;">
    <hr noshade="noshade" align="center" style="height: 4px; width: 100%; color: #002060; background-color: #002060; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="line-height: 13.7pt; font-family: Arial, sans-serif; font-size: 12pt; font-weight: bold;">TORM orders two scrubber-fitted LR2 newbuildings</div>
  <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
  </div>
  <div style="line-height: 11.4pt; font-family: Arial, sans-serif;"><font style="font-style: italic;">&#8220;I am very pleased that TORM has utilized its long-term relationship
      with Guangzhou Shipyard International to enter into an agreement to purchase two LR2 newbuildings. These newbuildings will be financed through a flexible and attractive sale and leaseback structure including a repurchase option at the end of the
      lease period,&#8221;</font> says Executive Director Jacob Meldgaard.</div>
  <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
  </div>
  <div style="line-height: 11.4pt; font-family: Arial, sans-serif;">TORM has today entered into an agreement to purchase two scrubber-fitted and fuel-efficient LR2 newbuildings from Guangzhou Shipyard International
    (&#8220;GSI&#8221;) with expected delivery in the fourth quarter of 2021.</div>
  <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
  </div>
  <div style="line-height: 11.4pt; font-family: Arial, sans-serif;">TORM has utilized its long-term relationship with state-owned GSI to secure the contract. TORM already has 29 GSI vessels in the current fleet and has
    excellent technical and commercial experience with these vessels. The vessels will be constructed according to TORM&#8217;s specifications in order to optimize trading and fuel- efficiency, and they will have scrubbers installed. The vessels will be prepared
    for a potential later dual-fuel installation.</div>
  <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
  </div>
  <div style="line-height: 11.4pt; font-family: Arial, sans-serif;">TORM expects to have total CAPEX relating to the two vessels of USD 95m including extra costs related to TORM&#8217;s design requirements and scrubber
    installations. TORM has secured attractive financing of USD 76m with an international financial institution. The financing will be structured as a ten-year sale and leaseback agreement with purchase options during the lease period and at maturity
    providing TORM with maximum capital commitment flexibility.</div>
  <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
  </div>
  <div style="line-height: 11.4pt; font-family: Arial, sans-serif;">TORM has since the publication of the third quarter results on 12 November 2019 entered into an agreement to sell an older Handy vessel, TORM Loire
    (built in 2004), for a consideration of USD 9m. The vessel was delivered to the new owner in late December 2019, and in connection with the transaction USD 4m of debt was repaid.</div>
  <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
  </div>
  <table cellspacing="0" cellpadding="2" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt; font-weight: bold;">CONTACT</div>
        </td>
        <td style="width: 50%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt; font-weight: bold;">TORM plc</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">Jacob Meldgaard, Executive Director, tel.: +45 3917 9200</div>
        </td>
        <td style="width: 50%; vertical-align: top;">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">Birchin Court, 20 Birchin Lane</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">Kim Balle, CFO, tel.: +45 3917 9285</div>
        </td>
        <td style="width: 50%; vertical-align: top;">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">London, EC3V 9DU, United Kingdom</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">Morten Agdrup, IR, tel.: +45 3917 9249</div>
        </td>
        <td style="width: 50%; vertical-align: top;">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">Tel.: +44 203 713 4560</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">www.torm.com</div>
        </td>
      </tr>

  </table>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt; font-weight: bold;"><br style="line-height: 10.25pt;">
    <br>
    ABOUT TORM</div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">TORM is one of the world&#8217;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&#8217;s shares are listed on NASDAQ Copenhagen and NASDAQ New York (tickers: TRMD A and TRMD). For further
    information, please visit www.torm.com.</div>
  <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
  </div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt; font-weight: bold;">SAFE HARBOR STATEMENTS AS TO THE FUTURE</div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">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 &#8220;believe,&#8221;
    &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;estimate,&#8221; &#8220;forecast,&#8221; &#8220;project,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;pending&#8221; and similar expressions generally identify forward-looking statements.</div>
  <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
  </div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">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&#8217;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.</div>
  <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
  </div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">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 &#8220;ton miles&#8221; of oil carried by oil tankers, the effect of changes in OPEC&#8217;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&#8217;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.</div>
  <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
  </div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">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.<br style="line-height: 10.25pt;">
    <br>
    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.<br>
    <br>
  </div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;">
    <hr noshade="noshade" align="center" style="height: 4px; width: 100%; color: #002060; background-color: #002060; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
  <div style="line-height: 10.25pt; font-family: Arial, sans-serif; font-size: 9pt;"> <br>
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            <div style="margin-left: 1.7pt; line-height: 9.1pt; font-family: Arial, sans-serif; font-size: 8pt;">Announcement no. 3 / 23 January 2020</div>
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            <div style="text-align: center; margin-left: 2.75pt; line-height: 9.1pt; font-family: Arial,sans-serif; font-size: 8pt;">TORM orders two scrubber-fitted LR2 newbuildings</div>
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            <div style="text-align: right; line-height: 9.1pt; font-family: Arial,sans-serif; font-size: 8pt;">Page 1 of 1</div>
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