Brewdog to raise £4m through ‘Equity for Punks'

21 June 2013 by
Brewdog to raise £4m through ‘Equity for Punks'

Scottish brewer and pub company BrewDog has launched an attempt to raise £4m by selling shares directly to beer drinkers.

The company's scheme, Equity for Punks aims to make 42,000 shares available to anyone, at £95 each.

BrewDog has already raised £2.2m through Equity for Punks in 2011 and it now plans to nearly double that figure in 2013.

Equity for Punks shareholders are also given a lifetime discount at BrewDog's 12 bars and at BrewDog.com.

The company, which says it is on track to hit £20m turnover in 2013, has achieved an average annual growth of 167% over the past five years and the company is valued at over three times the value it was given during the last Equity for Punks scheme in 2011

Keith Greggor and Tony Foglio - the team behind Skyy Vodka - invested in BrewDog in 2009.

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