Severn Valley Railway Society Limited
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In December 2024 the SVR announced plans to bring together the three separate companies that currently make up the SVR into a new 'One Railway' structure. Subject to approval by the Railway's shareholders and members at EGM's in 2025, this would be achieved in stages by i) the conversion of SVR(H) (the Public Limited Company) into a Charitable Community Benefit Society (CCBS), ii) the amalgamation of the newly formed CCBS with the Guarantee Company (the Member's organisation), and iii) the inclusion of the Charitable Trust with the CCBS as soon as its circumstances allow.[note 1][1]
- On Saturday 21 June 2025, shareholders at the SVR(H) AGM voted overwhelmingly to proceed with the conversion into a Charitable Community Benefit Society (CCBS) as part of the proposed restructuring.[2]
- On Saturday 9 August the members of the Guarantee Company also voted overwhelmingly at the AGM in favour of the amalgamation with SVR(H).
- On 16 April 2026 the (SVR) announced that the Financial Conduct Authority (FCA) had approved its application to convert Severn Valley Railway (Holdings) Plc into a charitable community benefit society (CCBS). The newly constituted organisation would be named Severn Valley Railway Society Limited.
This stub article will be revised and updated in due course as this process is completed.
See also[edit | edit source]
Notes[edit | edit source]
References[edit | edit source]
- ↑ SVR Website news announcement, (retrieved 12 December 2024)
- ↑ shropshirelive.com