BrewDog to give away £1m worth of shares
Celebrating the return of its Equity for Punks share offer for a sixth instalment at its AGM festival in Aberdeen, BrewDog co-founders James Watt and Martin Dickie announced that one lucky investor would be given the ultimate welcome to the brewer’s near 100,000-strong investor community.
Live for an initial 90 days, and scheduled to close on 5 July 2019, the latest round of crowdfunding aims to grow BrewDog’s community of shareholders to 200,000 and raise £7m – with one new Equity Punk winning £1m of shares in BrewDog plc.
Should the latest round of crowdfunding hit its target, it would take the total amount raised by Equity Punks to £74m.
Shares in BrewDog cost £25 each and can be purchased either through the brewer and operator’s website or via a paper application form.
The AGM also saw Dickie and Watt unveil a series of projects including the DogHouse London, BrewDog’s first brewery and taproom in Berlin, the opening of a brewery in China and five new OutPost BrewPubs across France, Germany, Italy and Spain.
BrewDog's driving force
“We are proud to be supported by nearly 100,000 Equity Punks who love craft beer as much as we do,” BrewDog co-founder James Watt explained. “They are our community, our shareholders and our friends and the driving force behind our business.
“Since Equity for Punks first began we have been blown away by their enthusiasm in rising up against bad beer alongside us.
“The growth BrewDog has shown over the past decade could only have been achieved with the encouragement and support of our kick-ass Equity Punk community. But we are far from being done yet.”
The independent brewer and pub operator, which is poised to expand beyond 100 sites in summer 2019, saw turnover grow by 55% in the past 12 months with its UK beer market share now standing at 0.9%.
