Brew Dog to offer company shares
The Scottish independent brewery, BrewDog has launched a share offer scheme, Equity for Punks, to give fans a direct influence on how its business evolves.
The FSA accredited scheme is born from BrewDog's desire to find another way to raise capital in an environment where banks have stopped lending.
From today, it will make 10,000 shares available to buy in £95 packages from the company's website, BrewDog.com, where potential investors can also download a prospectus outlining BrewDog's growth potential.
The concept was devised to allow craft beer fans to steer its own future and help to shape an operation that it claims has more than doubled its monthly turnover in the past year.
James Watt, co-founder of BrewDog, says:
"No significant change in modern history has happened without the support of the people. Equity for Punks arrives at a time when the masses are skeptical of banks, brokers and global mega corporations - when businesses growing rapidly are stalled by the banking crisis - it is an opportunity for everyone to show there is a different way; a better way."
The company's beers are stocked nationally in Tesco, Sainsbury's, Asda, Waitrose and Morrisons and BrewDog already exports to 27 international markets.
BrewDog opened it's first craft beer bar in Aberdeen last November, the company has since opened venues in Edinburgh and Glasgow, with a flagship bar in Camden, London due in September and plan to open 5 more by 2012
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