Costs and distribution of returns

Sissener Sirius ASA does not aim to distribute dividends during the company's lifetime. Distributions will only be made in connection with winding up the company after three years.

Costs*
Establishment costs, max.:  0.8%
Annual management fee:
1.25%

* For further details, click here to read the complete prospectus (pdf.)


In connection with dissolving Sissener Sirius ASA, any income from realising the Company's portfolio and other income shall - after deduction of expenses -  be paid out to the Investors in the following order of priority:


• Each investor shall first receive a sum corresponding to his/her share of the total capital contributions ("Total Capital Contributions");

• Next each investor shall receive an aggregate sum of 40% of his/her share of the Total Capital Contributions (corresponding to a return of approx. 12% p.a. during the lifetime of the Company) ("Preferred Return");

• Finally all and any remaining sums in excess of Total Capital Contributions and Preferred Returns shall be distributed with 80% for Investors, to be divided pro rata according to the Investors' shares of the Total Capital Contributions and 20% for the Manager.

 

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Contact managers in Sissener AS

For further information contact our managers:

 

Jan Petter Courvoisier Sissener

Email:   

Phone:   +47 23 11 52 61

Kjell-Magne Rystad

Email:   

Phone:   +47 23 11 52 63