FAQs - General
Why should I invest in Boundary Community Shares?
If you think the time is right for Belfast to have a brewery Taproom which offers the freshest beer in the universe, while also creating a new community hub in the very centre of East Belfast, then come and join us!
What if you raise over £150,000?
Good question. The two times we have offered a Community Share Offer before, we raised more than the goal. If we raise more this time, we will be able to do more with the Taproom fitout. If we raise much much more, we will look to bring our 2-3 year Brewery production plans forward. This will allow us to continue to grow with demand.
Is Boundary Brewing a legal entity?
Yes. We are registered as an Industrial and Providential Society from 2014. You can see our registration here. Our Company Number is 409IP or our Company Name is Boundary Brewing Cooperative Limited.
What bang do I get for my buck?
It is worth noting that you should not buy Community Shares if your primary goal is to make money. However, you do get to be a part of this adventure from the early stages. We’re still only 7 years old! As we can afford, we will begin to pay out interest on your investment. That decision, though, is at the discretion of the Board. But mostly, you get to own Belfast’s first Cooperative Brewery and Taproom and help it to grow. Oh, and you get 18% off our Online Shop. And 10% off all Boundary beer in our venues (for on site enjoyment, or for taking away!). And during this Community Share Raise, you’ll also get 20% of your investment back as credit to spend on Boundary beer in our venues (not for the online shop).
I’m already a Member. Do I get the 10% off in the Boundary venues if I don’t invest again?
Yes you do! All Members, whenever they have joined, will get 18% off our Online Shop and 10% off all Boundary beer in our venues (for on site or to go). You have an opportunity now to invest further, to receive 20% of your new investment back as credit to spend on Boundary beer in our venues, and to help us build and open the first Taproom in the Country!
How much can I invest?
You can invest between £100 and £100,000. Come and join us!
Will the value of shares purchased increase?
No. The maximum value of any share will always be £1. However, it is possible that if Boundary fails as a business your shares could reduce in value. As you consider investing with us in this venture, we advise that you do not invest anything that you are not prepared to lose. We also recommend that you discuss this opportunity with your Independent Financial Advisor.
Can I transfer or withdraw my shares at any time?
No. Community Shares are not transferrable. They can only be sold back to the issuing Cooperative Society, in our case Boundary Brewing Cooperative Limited. An application to withdraw shares can be made to the Board of Directors, although such requests are at the sole discretion of the Board. To date, we have not allowed many shares to be withdrawn. While we have plans to help facilitate such requests in the future, such decisions are at the complete discretion of the Board, and it is unlikely we will facilitate such decisions this year.
Will I receive a financial return on my investment?
As set out in our constitution, profit sharing will be voted on by all Members at the AGM. Your investment in shares can qualify you for an annual interest payment as determined by the Board. Interest payments are set at no more than 5% per annum or 2% above the Cooperative Bank’s base rate, whichever is greater. All Members can also qualify for profit dividends subject to surpluses generated and these would be payable equally or in accordance with some other equitable formula which recognises the relative contribution made by each Member to the business of the Cooperative. If you are up for this type of medium term investment in Belfast’s first Cooperative Brewery and Taproom - Come and join us!
What do you do with my money
We will use the £150,000 to open the first Taproom in the Country.
Can I get my money back (anytime I want)?
Yes (and No)! If Boundary can afford it, you may withdraw all, or some, of your shares. You must give the Board 3 months notice of withdrawal. However the Board can deny your request based on business needs. To date, we have not allowed many Shares to be withdrawn. While we have plans to help facilitate such requests in the future, such decisions are at the complete discretion of the Board, and it is unlikely we will facilitate such decisions this year.
This all sounds great but I’d want to meet and / or speak to someone before committing myself financially, how can I arrange this
No problem. We'd advise you to read the Community Share offer, constitution and bylaws first. Then, if you still have questions, please get in touch.
What is the difference between an Ordinary Member and a Supporter Member?
An Ordinary Member is anyone who has invested £100-£249. A Supporter Member is anyone who has invested £250+, or volunteered 40hrs+ per year. The main difference between an Ordinary and Supporter Member is that there are more Supporter Members on the board of directors. We feel that the board should include those most involved with the Cooperative.
FAQs - Membership
Is there a membership fee?
No. Buying shares entitles you to Cooperative membership of Boundary Brewing.
What do I actually get to decide on, or vote on, as a member?
At the AGM, every member gets an equal vote for the election of the Board, the application of profits, and the transaction of any other business included in the notice convening the meeting.
Can I buy shares for someone else?
Yes. But they will be the member of the Cooperative, not you.
Do I have to be over 18 to become a member?
Yes. You cannot become a member of Boundary if you are not 18+.
How can I run for the board?
We will release details in the lead up to our next AGM (date tbc). Any member may run for the board.
Can I buy more than one vote in the Cooperative?
No. One member equals one vote.
Can I become a member if I live outside the UK?
Yes. We accept payments with Stripe. They can take payment internationally.
How can I be a part of the Cooperative if I live in another country?
For the AGM, you will be able to vote beforehand if you cannot attend in person. You will also be able to attend the AGM digitally from a computer.
FAQs - Brewery
We brew oh so many Beers. We have 4 Core Beers. American Pale Ale, Imbongo Tropical IPA, Forever Ago IPA and Export Stout. We release many new beers every month. To see what’s available right now, why not check out our Shop!
How many people do you employ
We currently employ 6 people.
Can I have a job?
Quite possibly! Once we start to recruit additional staff, we will make members aware of all open appointments.
Can I visit the brewery?
Once the Taproom is open, we will host regular Brewery Tours.
Can I taste the beers?
Yes. Check out the Shop here.