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.
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)