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      Barra & Vatersay News

The Isle of Barra Distillery's share offer has raised £675,750 in the space of 24 hours.

The figure, 135% of the target, was reached thanks to 319 investors placing their money on the Barra distillery’s future. The initial target was half a million pounds. 

Now, the distillery is opening the remaining shares to the public who didn’t pre-register.

Posting on social media, the distillery said: “In just over 24 hours, we have hit our target raise and are now in overfunding; what can we say? Thank you! 

“But.....we are not stopping there.....We have received more expressed interest in our early access than we have shares to issue for this round. This amazing result is before we open fully to the public tomorrow (Wednesday, July 10) at 10 am. Invest now to avoid missing out on the opportunity to own a piece of IOBD and join us on our next stage of growth.”

The share offer raises funds for the distillery’s next phase, which includes building a new whisky distillery, continuing investment in the business, and establishing an Isle of Barra Distillers Foundation.

Further details are available from 

https://www.crowdcube.com/.../isle-of.../pitches/lO057Z

** Capital at Risk **