Shares worth about £120,000 are to be handed to 750 BrewDog staff over the next four years as the company launches its first ever profit sharing scheme for all of its bar workers.
In an attempt to move on from a rift with disgruntled former employees, founder and chief executive James Watt has announced he will hand over nearly a fifth of his stake in the craft beer firm, representing 3.7 million shares or a 5% shareholding in BrewDog, to salaried employees to mark the group's 15-year anniversary.
The near-£100m share award will be worth around £30,000 a year over four years, the PA news agency reported, to each eligible employee, based on the most recent fundraising, which valued BrewDog at around £1.8bn.
