April 28 saw Scotland’s largest independent brewery, BrewDog, hold the first ever AGM for its community of ‘fanvestors’, which combined the usual business reports with craft beer tastings, rock bands and gourmet burgers.
In January this year, BrewDog closed its unique share scheme, dubbed Equity For Punks, after reaching £2.2m in investments from over 5,500 beer fans.
The idiosyncratic brewer has experienced record growth since its launch in 2007, seeing a 250 per cent sales increase for the past two years running
The ‘Punk AGM’ was organised to thank this new army of investors and celebrate the fast-growing company’s 5th birthday.
James Watt, co-founder of BrewDog, commented on the unique AGM by saying: “The 2012 Punk AGM gave our new Equity for Punks shareholders an insight into the business and how we’re progressing, but it also gave them a chance to celebrate their investment and feel part of the craft beer revolution.”
The evening more resembled a rock festival than a business meeting, with sets from Tommy Reilly, The Little Kicks, Bombskare, Fatherson and Kassidy, and BBC Radio 1’s Ally McCrae as compere.