Benzinga | Aug 9, 2021 06:45AM EDT

Scorpio Tankers Inc. Announces Purchase of Call Options By President With $14 Strike Price

Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 1,000,000 common shares (or 10,000 call option contracts) of the Company for total consideration of $2,698,000. The call option contracts have a strike price of $14.00 and an expiration of January 2022.