This is the BrewDog UK Share Trading website of Neil Fletcher, known as ‘Share Trader’ on the BrewDog Investors Forum.
We are NOT currently in the market to buy UK Class B shares.
When we do, we only buy in quantities of 200 or more.
We do not advise that people should sell at all, unless they have fully considered their options.
Please read the information further down this page for further details.
If you don’t have access to your ComputerShare Account, or maybe don’t even know what ComputerShare is, you need to do that BEFORE you can do anything with your shareholding.
Read this link first, and then come back here afterwards!
ComputerShare Information Page
Before you sell a private equity like BrewDog UK plc shares, you need to be aware of several important facts.
BrewDog is currently working very hard towards a potential Stock Market Listing, but when or even if that actually happens is anyone’s guess.
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 last 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.
If you only have a small number of shares, you are probably best holding on to them until a listing or other official exit. When we buy, we usually do so in quantities of 1,000 or more.
Buying less than 200 at a time is never cost effective for us, however cheaply you are willing to sell them.
You also need to know if you will have any Tax liabilities.
In the UK this is Capital Gains Tax.
In the tax year ending 05/04/2024 each individual investor has a Capital Gains Tax Allowance of £6,000. As long as your profits from all asset sales are below this level you may not have a liability.
From 6/4/2024 the allowance will be REDUCED to £3,000.
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.
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 a couple of options.
1) A trading day is held once a year as long as there is no current Share issue taking place. The latest, and only the fourth ever, was held on 31/08/2022.
The shares were first sold by BrewDog in 2009/10, so Trading Days 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, possibly much more.
If they do hold another official Trading Day, it will only be announced on the BrewDog Investors Forum so you need to make a habit of checking there regularly.
2) You can sell privately.
The process is quite straightforward for sales up to £1,000.00 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.
There are currently ‘temporary’ digital procedures still in place (as of June 2023) because of Covid-19, and you should check out HMRC’s website to make sure you know what you are doing!
ComputerShare cannot transfer shares traded with a value over £1,000 without the Stamp Duty having been paid. There are some 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 and logged in to the Forum, you can see it here:
BrewDog Forum: How to Sell Shares Privately
We are NOT currently in the market to buy UK Class B shares.
When we do, we only buy in quantities of 200 or more.
We do not trade in BrewDog USA or BrewDog Australia shares.
These companies are still very young, and we expect it will be several years before buying and selling their shares second hand will be viable for anyone who isn’t prepared to take a significant loss. This is typical of the vast majority of Private Equities. They are long term investments, and cashing out early nearly always leads to a loss.
USA share trading legislation is also very different to the UK, and you can transfer shares from your KoreConX account very easily, if you can find a buyer.
So hopefully, our services should not be required at all!
We don’t know anything yet about trading the Australian shares, which have only just been released for sale.