Secondary Transfer of SPV Interest (SecSI)
- SecSIs apply when one of your investors is transferring their shareholding in the SPV to another investor who was in the SPV, or to another investment entity owned by them.
- If a situation arises which constitutes a SecSI, please inform Odin’s Customer Support team, who will reach out with next steps.
- SecSIs are charged at 2%, with a minimum fee of £1,000 and a maximum fee of £3,000, for each investor. Stamp duty, if applicable, is deducted at close from Odin’s fee. Effectively, it is paid by the buyers in most cases.
You can view our pricing here.