Crowdfunding

BrewDog promises bars for towns with 200 investors

By Oli Gross

- Last updated on GMT

Related tags Finance

BrewDog promises bars for towns with 200 investors
BrewDog is promising to build a bar in all towns and cities with 200 “Equity for Punks” investors as its Crowdfunding bond scheme gathers momentum.

The brewer has pledged that any town or city without a bar will have one within 12 months of reaching the investment target.

The crowdfunding scheme, Equity for Punks, has nearly 200,000 registered investors and a funding total nearing £100m. The equity offers investors an invite to the brewer’s AGM, online and in-person discounts and the first option on all new beers.

BrewDog has also launched a Crowdcude bond scheme, which is nearing its £1m target less than a week after launching​.

The bond, launched on 1 September, gives a fixed-rate interest at 6.5% pa for four years, and the same benefits as its ‘Equity for Punks’ scheme. It has already attracted more than £900,000 investment.

The minimum investment in a bond is £500. The investment opportunity is open now​ and will remain open until 15 October.

Investors can also buy a minimum of two shares for £45, which will give the same benefits as equity for punks.

BrewDog’s blog states: “We believe that the best way to develop BrewDog and further grow our business is to offer you, the people who enjoy our beers, the chance be involved in BrewDog’s future. And in offering that chance via the innovative platform developed by Crowdcube, we will continue to put the people who really care in control.”

BrewDog has also focused on its growth in the US with the acquisition of almost 51 acres of land at Canal Winchester in the US for $1.5 million. The land will be used for its US brewery – set to open next summer - and cost $30m.

Initial production will be around 85,200 barrels with a potential capacity of 852,000 a year to supply the US.

BrewDog is promising to build a bar in all towns and cities with 200 “Equity for Punks” investors as its Crowdfunding bond scheme gathers momentum.

The brewer has pledged that any town or city without a bar will have one within 12 months of reaching the investment target.

Equity for Punks has nearly 200,000 registered investors and a funding total nearing £100m. The equity offers investors an invite to the brewer’s AGM, online and in-person discounts and the first option on all new beers.

BrewDog has also launched a Crowdcude bond scheme, which is nearing its £1m target less than a week after launching.

The bond, launched on 1 September, gives a fixed-rate interest at 6.5% p.a for four years, and the same benefits as its ‘Equity for Punks’ scheme. It has attracted more than £900,000 investment.

The minimum investment in a bond is £500. The investment opportunity is open now​ and will remain open until 15 October.

Investors can also buy a minimum of two shares for £45, which will give the same benefits as equity for punks.

BrewDog’s blog states: “We believe that the best way to develop BrewDog and further grow our business is to offer you, the people who enjoy our beers, the chance be involved in BrewDog’s future. And in offering that chance via the innovative platform developed by Crowdcube, we will continue to put the people who really care in control.”

BrewDog has also focused on its growth in the US with the acquisition of almost 51 acres of land at Canal Winchester in the US for $1.5 million. The land will be used for its US brewery – set to open next sumer - and cost $30m.

Initial production is estimated at 85,200 barrels with an ultimate capacity of 852,000 barrels a year as it supplies North America.

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