BrewDog has raised a swift £500,000 by selling shares in the company via its website.
The ‘Equity for Punks’ scheme has created 90,000 shares available to buy in £95 packages. Prospective buyers can download a prospectus from the company’s website and purchase the £95 packages online. It is the only share sale in the UK operating via a simple ecommerce website.
“We are completely overwhelmed with the results so far” said BrewDog co-founder, James Watt. “We thought it was a mistake when told over half a million pounds worth of shares had been bought in just two days.
“This scheme is an opportunity for everyone to show there is a different way; a better way. This is Punk Rock to the banks’ Celine Dion.”
BrewDog raised £750,000 through a similar project in 2009. It has since experienced 250% sales increase for the past two years is now Scotland’s largest independent brewery. Turnover for 2011 should hit £6.5m.
Read more
BrewDog back on the prowl for £2m cash injection (13 July 2011)
‘Record’ sales for BrewDog as craft beers treble (15 February 2011)
BrewDog unveils world’s strongest (and weirdest) beer (22 July 2010)
The ‘Equity for Punks’ scheme has created 90,000 shares available to buy in £95 packages. Prospective buyers can download a prospectus from the company’s website and purchase the £95 packages online. It is the only share sale in the UK operating via a simple ecommerce website.
“We are completely overwhelmed with the results so far” said BrewDog co-founder, James Watt. “We thought it was a mistake when told over half a million pounds worth of shares had been bought in just two days.
“This scheme is an opportunity for everyone to show there is a different way; a better way. This is Punk Rock to the banks’ Celine Dion.”
BrewDog raised £750,000 through a similar project in 2009. It has since experienced 250% sales increase for the past two years is now Scotland’s largest independent brewery. Turnover for 2011 should hit £6.5m.
Read more
BrewDog back on the prowl for £2m cash injection (13 July 2011)
‘Record’ sales for BrewDog as craft beers treble (15 February 2011)
BrewDog unveils world’s strongest (and weirdest) beer (22 July 2010)
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