Scorpio Tankers (STNG) Announces Purchase of Call Options by Company's President
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Scorpio Tankers Inc. (NYSE: STNG) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 200,000 common shares (or 2,000 call option contracts) of the Company for total consideration of $465,000. The call option contracts have a strike price of $14.00 and an expiration of July 2022.
About Scorpio Tankers Inc.
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, finance leases or bareboat charters-in 131 product tankers (42 LR2 tankers, 12 LR1 tankers, 63 MR tankers and 14 Handymax tankers) with an average age of 5.9 years. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release.
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