TORM Seeks Removal from SEC Register
Today, TORM A/S filed Form 15F with the U.S. Securities and Exchange Commission (SEC) with the intention of voluntarily terminating the registration of its securities and its reporting obligations under Section 13(a)/Section 15(d) of the U.S. Securities Exchange Act of 1934, as amended.
Upon filing the Form 15F, TORM’s reporting obligations with the SEC, including its obligation to file reports on Form 20-F and furnish reports on Form 6-K, were immediately suspended. The termination is expected to become effective no later than 90 days after the filing of the Form 15F if there are no objections from the SEC.
The termination is associated with the delisting of TORM’s ADR program from NASDAQ Capital Markets in 2013 (cf. company announcement no. 7 dated 11 April 2013 and no. 11 dated 19 June 2013).