13G
ITEM 1.
(a) Name of Issuer: TORM plc
(b)
Address of Issuers Principal Executive Offices: Birchin Court, 20 Birchin Lane, London, EC3V 9DU, United Kingdom
ITEM 2.
(a) Name of Person Filing: DW Partners, LP (DW) and DW Investment Partners, LLC (DWIP)
(b) Address of Principal Business Office, or if None, Residence: 590 Madison Avenue, 13
th
Floor, New York, NY 10022
(c) Citizenship: DW is a limited partnership organized under the laws of the State of Delaware. DWIP is a
limited liability company organized under the laws of the State of Delaware.
(d) Title of Class of Securities: Class A common
shares, par value $0.01 per share (Common Shares)
(e) CUSIP Number: G89479102
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO
SS.240.13d-1(b)
OR
240.13d-2(b)
OR (c), CHECK WHETHER THE PERSON FILING IS A:
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(a)
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Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
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(b)
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Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
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(c)
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Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
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(d)
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Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
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(e)
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An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
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(f)
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An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F);
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(g)
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A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G);
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(h)
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A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3);
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(j)
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Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
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ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: DW and DWIP are beneficial owners of 4,177,652 Common Shares.
(b) Percent of class: DW and DWIP are the beneficial owners of 5.6% of the outstanding Common Shares. This percentage is determined by dividing
4,177,652 by 74,218,846 Common Shares outstanding as of December 18, 2018 (as reported in the Issuers Form
F-3
filed with the SEC on December 18, 2018).
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
DW, as the investment adviser to the ultimate beneficial owners of the Common Shares (the Funds), may direct the voting and
disposition of the 4,177,652 Common Shares held by the Funds. DWIP, as the general partner of DW, may direct DW as to the voting and disposition of the 4,177,652 Common Shares held by the Funds.
INSTRUCTION. For computations regarding securities which represent a right to acquire an underlying security SEE ss.240.13d3(d)(1).