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Severn Valley Railway (Holdings) PLC

397 bytes removed, 10:00, 23 June 2023
Update SVRG shares
'''Severn Valley Railway (Holdings) PLC''' is a Public Company with a Share Capital, company number 01046274. The Company was incorporated under its original name of Severn Valley Railway (Holdings) Limited on 15 March 1972. It was re-registered as a Public Limited Company (PLC) on 15 March 1982.<ref>Companies House</ref> The Company is commonly referred to within the SVR as "the Holding Company" or "Holdings", and in writing is often abbreviated to '''SVR(H)'''. A Severn Valley Railway shareholder owns a share of this Company and is entitled to attend the Annual General Meeting. Issued share capital exceeds £11,000160,000.
SVR(H) owns the SVR's infrastructure such as lines and stations. It also owns three [[Steam Locomotives | steam locomotives]], four operational [[Diesel Locomotives | diesel locomotives]] and a number of [[Carriages | carriages]], and enters into running agreements with operators of other locomotives and rolling stock to be based on the line. It employs the SVR's paid staff, operates the trains, is responsible for safety, and provides contract engineering services. It also operates the line's shops, pubs and refreshment rooms at [[Bridgnorth]], [[The Engine House]], [[Bewdley]] and [[Kidderminster]].
|[[Highley#Highley_Station_Fund|Highley Station Fund]] ||600||
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|[[Severn Valley Railway Company Limited]] ||1,690,557||See Notes 1 and 2. [[Severn Valley Railway Company Limited]] It has the largest shareholding. At 3 January 2021 31 December 2022 it was 17.2593% of issued capital (1,838972,272 467 shares).This includes 52,048 shares transferred from [[Severn Valley Railway Association]]<ref>SVR(HG) Financial Statements for the period ended 3 January 202131 December 2022</ref>
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| [[Stanier 8F Locomotive Society]] ||23,810||
| [[Stanier Mogul Fund]]||4,286||See Note 1
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|SVRA South East Branch ||15,000|| See Note 3. Branch closed
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|SVRA Stourbridge Branch ||500|| See Note 3
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|SVRA Cheshire branch ||1,705 ||See Notes 1 and 3Note. Branch closed
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|[[SVR Apprentices|SVR Junior Club]] ||100||
| [[Severn Valley Railway Charitable Trust Ltd]] ||24,535|| See Note 1. In the 2012 Share Offer existing shareholders with small numbers of shares who did not want to increase their shareholding were invited to donate their shares to the Trust. Figure still correct at 30 June 2021.
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|[[SVR Wolverhampton Branch|SVRA Wolverhampton Branch]] ||4,640|| See Note 3
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|[[Western Locomotive Association]] ||1,000|| Added 2020.
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*Note 1. Two shareholdings are listed. The figure shown is the aggregated figure.*Note 2. The [[Severn Valley Railway Association]] merged with [[Severn Valley Railway Company Limited]] from 4 October 2015, although winding up of the SVRA was still outstanding in 2021 over an issue with its SVRH shareholding.<ref>Guarantee Company Annual Reports ending 31 December 2019 and 31 December 2020, p. 5</ref> *Note 3. : The former SVRA Branches are now branches of [[Severn Valley Railway Company Limited]].
The list of shareholders at 24 June 2016 also included the following entries:
==Shareholder benefits==
Benefits are renewed annually and amended from time to time. In August 2021 the Company announced that Shareholder benefits would be changing in 2022 and again in 2023.<ref>"Your Share", SVR Shareholders Newsletter for the year ending 3 January 2021</ref> The then chairman Nick Paul subsequently announced at the SVR(H) annual general meeting that there would be a moratorium on the decision to make changes to shareholder benefits until the board had the opportunity to reflect and review the decisions. The proposed increases for 2022 went ahead but, in response to concerns raised and following a shareholders’ focus group review, the levels proposed for implementation in 2023 were not brought in<ref>[https://www.svrlive.com/shareholders SVR Live]</ref>.
===Benefits 2022 onwards===
Trustworthy, administrator
6,720
edits

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