Tue, 17 Feb 2026

Tue, 17 Feb 2026 I invested £12,000 in Brewdog - I think I've lost it all

More than 200,000 people bought Equity for Punks shares in the craft brewer but many now believe they are worthless.

* Richard Fisher invested £12,000 in Brewdog's "Equity for Punks" scheme and was expecting a return on his investment.
* However, with the news that Brewdog is preparing to be sold, he fears losing all of his money.
* Over 200,000 people invested in Brewdog through the Equity for Punks scheme, which raised £75m.
* The scheme offered perks such as discounts on beer purchases and free birthday beer, but many investors were unaware of the risks involved.
* TSG Consumer Partners acquired a 22% stake in Brewdog in 2017 with "preference shares", which means they get paid back before ordinary shareholders if the company is sold.
* Some investors are now worried that their shares will be worthless when the company is sold.
* Chris Huish, who invested £500, says he's only made use of his discounts and has no idea what his shares are worth now.
* Gareth Fitzgerald, who spent £1,000 on his shares, feels disillusioned with Brewdog for presenting itself as progressive while prioritizing its own interests over those of small investors.
* Brewdog has declined to comment further on the concerns of its investors.
  >>