The investment firm reported today that it holds 8.2 million shares in the New York-listed products tanker owner, the first time that it has disclosed any reportable stake in the owner.
The stake amounts to an estimated 12.8% slice of Scorpio, Legatum told the US Securities and Exchange Commission.
The holding, worth $54.9m at Scorpio’s latest share price, is jointly held by Legatum-linked entities Galahad Securities, Legatum Capital, Legatum Global Holdings and Senate Limited.
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