This week we have launched a crowdfunding bond offer hoping to raise £300,000. Working with Triodos Bank, a global pioneer in sustainable banking, the funds will be used to kit out our new brewery and bar, which we are moving to this autumn. Investors will also become members of our Stroud Brewery Beer Club for the period of the bond, giving them a 10% discount on their Stroud Brewery beer purchases online or in the bar.
The details of the crowdfunding can be found at www.triodoscrowdfunding.co.uk
We have been brewing beer for 12 years at our home in Thrupp, just outside Stroud. The new site is only 400 yards away and has been designed to accommodate the growing needs of our organic brewery. Providing greater capacity for beer production, storage facilities, event spaces and larger offices, the site will be more sustainable; with heat reclamation, rainwater harvesting and solar electricity. There will also be a brand-new taproom bar with canal side views across one of the Cotswold’s valleys.
Those interested in exploring the opportunity of investing in the business, are invited to Stroud Brewery on Saturday 11th August at 1pm to find out more.
We are a fast-growing profitable company with turnover of £1 million in 2018 and one of only a handful of solely organic brewers in the UK. We are a regional supplier, trying to produce beer sustainably using short chains and lightweight packaging, as well as reusing waste grains and hops for cattle feed and compost. The malt and barley are sourced from within 15 miles of the brewery.
To develop the bond offer, we are working with Triodos Bank, Europe’s leading sustainable bank. Earlier this year, Triodos became the first registered UK bank to launch an investment crowdfunding platform and has raised £18.2 million across seven deals since then. The bonds are open to anyone that registers on the Triodos platform and will pay 5% interest with capital repaid after seven years. As with all investments, interest payments are not guaranteed, and capital is at risk. The bonds are eligible to be held in a Triodos Innovative Finance ISA which allows investors to earn interest tax-free.
Greg Pilley, Managing Director of Stroud Brewery commented;
“This is a significant development for Stroud Brewery and will provide us with the platform to take the business to the next stage. There is no way we could have imagined this six years ago when we moved in to our existing site.”
“The new brewery will allow us to ensure we retain and enhance our quality reputation but also to develop a range of new beers. We are proud to be recognised for our ethos of sustainability and for producing a nationally recognised range of organic beers. When we first started talking about this project we wanted to ensure that sustainability was at the core of the build and accommodate an ecologically designed brewery giving us a strong identity, a visitor destination and a vibrant community space. This crowdfunding campaign will give our customers further opportunities to invest in the brewery’s sustainable practices such as rainwater capture and solar photovoltaic panels.”
Dan Hird, head of the Triodos Corporate Finance team says:
“We are delighted to be working with Stroud Brewery at such an exciting time for the company. We have been impressed with the management team and their commitment to sustainability through the whole supply chain. It is a great fit with Triodos given our existing support for the organic food & farming sector.
We are committed to helping people make a positive impact with their money, through saving and investing. With this bond offer people can invest directly into a local and organic business which helps people make a positive choice with their spending as well.”
An investment in Stroud Brewery Limited bonds is not covered by the Financial Services Compensation Scheme. Stroud Brewery Limited’s ability to pay the interest and repay the bonds is not guaranteed and is dependent on the continued success of its business model. These bonds are unquoted securities with a fixed repayment date and although the bonds are transferable, investors should be aware that they may not be able to access their capital during the life of the bond.
Notes to Editors
Stroud Brewery published an offer document dated August 2018. Applications can only be made on the basis of, and subject to, the terms and conditions of the information contained in the offer document which includes the terms and conditions of the Triodos Crowdfunding website. The Stroud Brewery Limited is a limited company registered in England with registered office at 141 Thrupp Lane, Thrupp, Stroud, Gloucestershire GL5 2DQ (registered number 05165299).
About Triodos Bank
Triodos Bank is a global pioneer in sustainable banking using the power of finance to invest in projects that are good for people and the planet. Triodos uses its €14.5 billion (2017) in assets to create social, environmental and cultural value in a transparent and sustainable way.
With UK operations based in Bristol, Triodos Bank has branches in the Netherlands, Belgium, Spain, Germany and an agency in France. Globally, Triodos Bank has microfinance projects in Central Asia and Eastern Europe and is a founding member of the Global Alliance for Banking on Values (GABV), a worldwide network of 53 banks seeking to transform finance into a vehicle of positive influence.
Triodos Bank has an excellent track record in raising finance for social and environmental organisations and in the last 15 years has raised more than £130 million to fund over 50 impact projects. In 2003, Triodos successfully raised the first charity bond in the UK for Golden Lane Housing, one of the UK’s leading supported housing charities for people with a learning disability. In 2013, a further £10 million was raised for the charity including a refinancing of the 2003 bond where over 40 per cent of bondholders re-invested.
Triodos Bank NV (incorporated under the laws of the Netherlands with limited liability, registered in England and Wales BR3012). Authorised by the Dutch Central Bank and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request.
Investments offered on the crowdfunding platform are not readily realisable, which means that they may be difficult to sell, and you may not get back the full amount invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and your capital is at risk and returns are not guaranteed. Repayment of capital and interest or payment of dividends will be dependent on the success of the organisation’s business model and past performance isn’t a reliable indicator of future performance. You should always read the offer document in full before deciding whether or not to invest as it will cover risks specific to an individual investment. You can read more about the general risks associated with making these types of investments here. If you are unsure if any of these investments are right for you, you should contact an Independent Financial Adviser.