Glug has come a long way in a short amount of time. We're raising money to keep up with the pace the company is growing. This is a unique opportunity to get involved in Glug early stage and be apart of building something that will turn the hospitality industry on its head.
What does it mean to invest in a crowdfunding round?
Earn up to 30% tax relief
Glug crowdfunding round qualifies for the Enterprise Investment Scheme (EIS). This allows investors to invest up to £1,000,000 in any tax year and receive 30% tax relief on their investment.
Who can invest?
You must be over 18 and a resident of the UK or a country where you can legally receive financial promotions. This doesn't include the US, Canada, Japan plus a few others.. When creating your Crowdcube account, you’ll also be asked to choose an investor type (such as everyday, professional, etc) and complete a quick questionnaire. This is to ensure you understand the high risk nature of investing in startups.
Making a return on investment
Investing in startups is high-risk and making a return on your investment is never guaranteed. One option is by selling your share for more than you paid for it. There is no active market for private shares currently. Hopefully, Glug will eventually be bought by a larger company (an 'exit'). At that point, you are more likely to be able to sell your shares for a profit.
How do I make an investment?
Simply, register as a Crowdcube member and click ‘Invest Now’ on the pitch page when it's live. You can invest as little as £10 using a debit or credit card. Once the campaign closes, the money will be released from the holding account. If we fail to hit 100%, all of the money will be returned. If we continue with your investment, you'll become a real shareholder of Glug and receive your rewards.
Who gets private access?
Exclusive Access will be shared with those who pre register. We will open the investment round to the general public shortly after, so keep an eye out for updates!
What is the risk warning?
Investing in startups involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This email has been approved as a financial promotion by Crowdcube which is authorised and regulated by the Financial Conduct Authority.