Own a part of Highland distilling history

by GlenWyvis in Dingwall, Highland Council, United Kingdom

Total raised £83,060

£500,000 target 17 days left
16% 98 investors
Keep what you raise – this project will receive all pledges made by 14th June 2024 at 11:51pm

Become a Co-Owner of Glenwyvis distillery and become a part of Highland whisky history. Join Scotland's first community-owned distillery!

by GlenWyvis in Dingwall, Highland Council, United Kingdom

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Our Distillery

The GlenWyvis project began in 2015. The name, GlenWyvis, acknowledges two long-gone local distilleries: ‘Ben Wyvis’ in Dingwall and ‘Glenskiach’ in nearby Evanton, both of which closed in 1926.

In April 2016, the GlenWyvis founders launched the biggest-ever community crowd-funding campaign in UK history.  Like-minded people from Dingwall and beyond came together to invest in the project – all keen to be part of something truly historic. A total of £2.6 million was raised in just 77 days from more than 2,200 members; and a Second Share Offer attracted a further £1.1 million in 2017-19 bringing the total raised to £3.7 million from 3,626 investors - - of whom 45% are local residents (IV postcode area), 43% are resident in other parts of the UK and 12% are resident in 36 countries worldwide.

GlenWyvis first distilled whisky in February 2018, but, by law, the new-make spirit cannot be called whisky until it has matured in oak casks for more than three years. Since then, GlenWyvis has achieved remarkable success in producing handcrafted high-quality single malt whisky, award-winning gins, and new-make spirit. Notably, the distillery recorded its first-ever operating profit in 2021, followed by another in 2022 and a predicted operating profit in 2023. Furthermore, it has demonstrated its commitment to the community by raising over £50,000 for community benefit awards and with your help we will be able to do more and make a real positive difference to peoples’ lives.

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This Third Share Offer is an opportunity for you to support the continuing development of GlenWyvis Distillery Community Benefit Society and the local community of Dingwall.

  • Expanded Bonded Warehouse Capacity. We know that we will need more bonded warehouse space to house the volume of whisky we will be producing until it has matured to 10 years of age and more.  
  • Ramp Up Production. The first step in increasing our production capability is to step up from five mashes to nine mashes a week, an increase of 80%.   
  • Reinforce Onsite Infrastructure. We aim to future-proof the distillery by upgrading our electrical and water supply capabilities. 
  • Visitor Experience and Low-Volume Bottling Plant. GlenWyvis aims in collaboration with the Dingwall Community Development Company (“DCDC”), local businesses and stakeholders to create a visitor experience on Dingwall High Street. Together with a low-volume bottling plant this represents an exciting opportunity for GlenWyvis to deepen its engagement with members and customers and contribute to the local economy and community. 
  • To Increase our Stockpile of Maturing Spirit. 

GlenWyvis has been made possible with the support and commitment of its many investors. If you opt to invest in GlenWyvis, you will be helping to develop further the vision of a community-owned whisky distillery. 

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INVEST NOW!

The price of a share in GlenWyvis is £50, and the minimum level investment is £250 for all investors regardless of where they reside. 

It is also possible to gift an investment in GlenWyvis – for just £250 you can gift part-ownership of a Scottish whisky distillery to someone close to you.

The maximum level of investment is £100,000, which is set by the Co-operative and Community Benefit Societies Act 2014. 

All £250 investors will become individual members of GlenWyvis Distillery Community Benefit Society – this includes anyone to whom you gift membership. 

Members will be part of a unique club and will have access to all GlenWyvis discounts and membership offers for life.  Members will receive newsletters detailing these offers and other exciting opportunities to get involved with GlenWyvis. 

What Do I Receive in Return for My Investment?

All Members Receive:

  • You will be the part owner of a whisky distillery 
  • The rewards pack as set out below (although if you are under 18 years old, no alcoholic rewards will be sent until you are 18 or older)
  • A discount on online shop purchases
  • Exclusive member product releases, single cask bottlings and membership offers.
  • The opportunity to invest in GlenWyvis bonds.
  • Entitlement to interest on your share capital once the Society’s finances permit.  
  • A vote: all members will have one vote each, regardless of how many shares they hold (providing they have the minimum of £250 (five £50 shares) 
  • The opportunity to participate in the Annual General Meeting deciding on the future and running of the business 
  • The right to elect directors. 
  • The opportunity to become one of the volunteer directors of GlenWyvis.

Individual Investment Level Rewards:

£250-£450: All member benefits

£500-£950: All member benefits
(1) 50cl bottle of unique, 4-yr-old cask-matured Gin (delivered 2024)

£1,000-£2,450: All member benefits
(1) 70cl bottle of 6-yr-old cask strength whisky (delivered 2025)
2x GlenWyvis whisky glasses

£2,500-£4,950: All member benefits
(3) 70cl bottle of 6-yr-old cask strength whisky (delivered 2025)
2x GlenWyvis whisky glasses

£5,000-£9,950: All member benefits
(6) 70cl bottle of 6-yr-old cask strength whisky (delivered 2025)
6x GlenWyvis whisky glasses

£10,000+: All member benefits
(1) 55l firkin cask of your choice

£20,000+: All member benefits
(1) 125l quarter cask of your choice

Membership is open to individuals over sixteen years of age, corporate bodies, voluntary organisations and public sector investors.

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Bringing Social Benefit to the Community

Whisky has been made in small, local distilleries across the Highlands for centuries. GlenWyvis is the first distillery in production in Dingwall for nearly 100 years. 

In addition to providing direct employment opportunities, the distillery will help to support indirect local jobs for the community of Dingwall. 

At the heart of the GlenWyvis’ ethos is our desire to foster community involvement with the distillery. We want the distillery to be intrinsically connected with Dingwall and the Scottish Highlands. 

  • providing a venue where other local businesses can showcase their produce, products and services on a shared-facility basis,
  • creating new jobs whether part time or full time, and
  • creating a visitor experience and shop, which will draw visitors to Dingwall’s High Street and the local area.

The GoodWill Fund is a core function of GlenWyvis Community Benefit Society. 

In our first funding round in April 2023, we have distributed a total of just over £10,000. This has gone towards; supporting local children’s educational needs, support for cultural and heritage organisations, and to help support business development in the area. The second round is in the process of distributing a further £20,000 in April 2024.

To date we have raised a total of over £45,600 for the Fund. In addition, we raised £9,000 for the Cornerstone charity at our ‘Midsummer Night’s Dram’ event in June 2022. We are very proud of our achievements in this regard and are determined to do more.

As GlenWyvis has been incorporated as a Community Benefit Society with limited liability, the liability of its members will be limited to the amount paid for their shares. However, before making any decision to subscribe for shares in GlenWyvis, you should carefully consider, together with all other information contained in the business plan and share offer documents.

Levels of Investment

£250 or more

£250 - £450

Shares at £50 per share = 5 SHARES, 1 VOTE. This is the minimum amount for a shareholding in GlenWyvis Distillery Limited. All shareholders will receive the following rewards package: • The right to subscribe for Members’ Bonds • The right to participate in the Member’s Annual Meeting • The right to elect directors • The opportunity to become a Member of the Management Committee • Entitlement to Members’ discount for purchases from website

£500 or more

£500 - £950

Shares at £50 per share = 10 SHARES, 1 VOTE. All shareholders will receive the following rewards package: • The right to subscribe for Members’ Bonds • The right to participate in the Member’s Annual Meeting • The right to elect directors • The opportunity to become a Member of the Management Committee • Entitlement to Members’ discount for purchases from website • One 50cl bottle of a unique release of GoodWill cask-matured gin delivered in 2024

£1,000 or more

£1000 - £2450

Shares at £50 per share = 20 SHARES, 1 VOTE. All shareholders will receive the following rewards package: • One 70cl bottle of a unique release 2018 GlenWyvis cask-strength single cask whisky for delivery in 2025, along with two GlenWyvis whisky glasses

£2,500 or more

£2500 - £4950

Shares at £50 per share = 50 SHARES, 1 VOTE. All shareholders will receive the following rewards package: • Three 70cl bottle of a unique release 2018 GlenWyvis cask-strength single cask whisky for delivery in 2025, along with two GlenWyvis whisky glasses

£5,000 or more

£5000 - £9950

Shares at £50 per share = 100 SHARES, 1 VOTE. All shareholders will receive the following rewards package: • Six 70cl bottle of a unique release 2018 GlenWyvis cask-strength single cask whisky for delivery in 2025, along with six GlenWyvis whisky glasses

£10,000 or more

£10000 - £19950

Shares at £50 per share. 1 VOTE. All shareholders will receive the following rewards package: • The right to subscribe for Members’ Bonds • The right to participate in the Member’s Annual Meeting • The right to elect directors • The opportunity to become a Member of the Management Committee • Entitlement to Members’ discount for online purchases from the GlenWyvis website shop • One firkin cask of your choice from our single cask offers

£20,000 or more

£20000 and above

Shares at £50 per share. 1 VOTE. All shareholders will receive the following rewards package: • The right to subscribe for Members’ Bonds • The right to participate in the Member’s Annual Meeting • The right to elect directors • The opportunity to become a Member of the Management Committee • Entitlement to Members’ discount for online purchases from the GlenWyvis website shop • One quarter cask of your choice from our single cask offers

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