I Want to Sell

We are not currently buying shares.
We will be doing our best to complete sales for those investors who have already submitted requests, and until we have sold for them we are closed to further requests.
We will be reviewing the situation in September 2019.

You will need to have access to your ComputerShare Account with all your details there up to date before you can do ANYTHING with your shares.
Please get this sorted before you fill in the form below.
If you need help email equitypunks@brewdog.com or contact ComputerShare direct.
I cannot do this for you, even if I wanted to!

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.
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:

BrewDog Forum: How to Sell Shares Privately

Do you need our help to sell your shares?

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 sales throughout 2019.
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 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 or non-UK address registered shares.
You can see how much you would have been paid for your shares by using our page:

Asset Match Real Price Calculator

We cannot buy from you until AFTER we have sold shares from our own holding,

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.

If you really need to sell, and wish us to put you on our list for future sales, complete the form below and we’ll get back to you.

We are not currently buying shares.
We will be doing our best to complete sales for those investors who have already submitted requests, and until we have sold for them we are closed to further requests.
We will be reviewing the situation in September 2019.

Our enquiry form for prospective sellers will return when we are in a position to buy more shares.
Please check back in September.