We have processed the recently received requests to sell, and have responded to all potential sellers individually.
We cannot currently accept any more requests to sell.
Should we be able to take on more shares we will update this page.
Before you sell a private equity like BrewDog UK plc shares, you need to be aware of several important facts.
Firstly, you have bought a private equity, and selling it before the company lists on a stock exchange is not a simple process, and you are likely to receive considerably less than the company’s recent share issue, and possibly less than you bought the shares for.
The vast majority of private equity companies go out of business, do not pay out at all, or you make a loss on your initial investment.
Very few are as successful as BrewDog.
It is only because BrewDog has done so well that early investors are now making profits by selling before a listing.
Secondly you need to know if you will have any Tax liabilities.
In the UK this is Capital Gains Tax.
In the tax year ending 05/04/2020 each individual investor has a Capital Gains Tax Allowance of £12,000. As long as your profits from all asset sales are below this level you may not have a liability.
If you are not subject to Tax in the UK you must still check out your local tax situation.
You will need to speak to an accountant or tax advisor if you are unsure about your tax status.
I am also an HMRC registered Tax Agent, but if I am selling shares for you I cannot also be your Tax Agent. I can give you general advice, but you MUST seek independent advice from your own accountant if you come anywhere near being liable for CGT.
Generally, you should only sell a Private Equity if you fit the following criteria:
1) You are an early investor taking out profits
2) You are selling to re-balance your investment portfolio
3) You really need the cash now, and have no alternative but to sell
4) You believe that the value will go down.
We are all very lucky that we can trade our shares at all, let alone at a profit!
This is not normal for private equity investments generally.
But, if you do have to sell there are several options.
1) A trading day is held once a year as long as there is no current Share issue taking place. The third ever took place on 31/01/2019. The shares were first sold by BrewDog in 2009/10, so they are not that frequent. You will typically pay 3% commission to the broker, and possible other costs. Non-UK residents and citizens may pay double this in fees.
2) You can sell privately.
The process is quite straightforward for sales below £1,000.01 as Stamp Duty is not involved. Above this level, it gets a bit more complicated as the seller has to effectively collect the buyers Stamp Duty payment, and pay it to HMRC to stamp the form.
ComputerShare cannot transfer shares traded over £1,000 without the Stamp Duty having been paid. There are exceptions to this, but you must be absolutely sure you know what you are doing.
The slightest error in details on the ComputerShare Stock Transfer Form will cause it to be rejected.
I have posted a guide on how to sell on the BrewDog Equity Punks Forum.
If you are registered with the forum, you can see it here:
Do you need our help to sell your shares?
We are not currently accepting offers to take on shares to sell.
BrewDog has stated that the next official Trading Day will be held in May 2020.
We recommend to sellers that they keep up to date with the BrewDog Forum for further details of this possible event.
We have helped many other earlier investors sell their shares, but it is not something we can do for everyone. It takes us a considerable about of time, and our aim has always been to help our fellow investors whilst covering our time, costs and risks.
Unfortunately there is insufficient trading in this one single private equity to make enough money to turn it into a business. It is fun though, and has been very rewarding in other ways.
We intend to hold regular general sales throughout 2019. The next one is planned for October.
We can never guarantee to be able to sell your shares, but we will try our best if we agree to take your shares on.
We will not buy anyone’s shares for resale in a general sale for less than £13.18 which was the price paid by the investment group TSG when they invested £213M into the company in 2017.
The maximum price we can pay is the same as you would have gotten from the Asset Match Trading Day – £14.55 or less for small volumes, non-UK address registered shares or share owners who are not UK citizens (including those with dual nationality).
You can see how much you would have been paid for your shares by using our calculator:
We cannot buy from you until AFTER we have sold shares from our own holding,
If you have a large number of shares for sale, and your requirement to sell is very urgent, we may be able to assist you outwith our general sales.
We occasionally receive requests from buyers who have the ability to buy in large quantities, but expect prices much lower that the Trading Day prices.
If you wish your shares to be considered for such a sale, you can indicate this on the form under ‘Urgent Sale’ by entering a price that is lower than your price for a general sale.
We would always recommend to investors that they hold on to their shares for as long as possible, and only sell if they absolutely have to, and are fully aware of their responsibilites.
We believe that your shares are worth more than the price that we can buy them from you.
The information you provide will be treated in the strictest confidence, and we respectfully request that any information we supply to you is treated likewise.
No data is stored on this website. We will never pass your details to anyone else, other than to the bodies who require it to complete any sale to us you may make.