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Severn Valley Railway (Holdings) PLC

2,670 bytes added, 15:34, 14 August 2021
2022/3 shareholder benefits added
==Shareholder benefits==
Benefits are renewed annually and amended from time to time. In August 2021 the Company announced that Shareholder benefits will be changing in 2022.<ref>"Your Share", SVR Shareholders Newsletter for the year ending 3 January 2021</ref>  ===Benefits from 2022=== {{As | Class="wikitable"! Shareholding for benefits in 2022!! Shareholding for benefits in 2023 !! Annual benefits|-|125-264 ||150-299 ||1 x third class “freedom of the line” ticket |-|265-475 ||300-549 ||2 x third class “freedom of the line” tickets |-|476-899 ||550-999 ||4 x third class “freedom of the line” tickets |-|900-1,599 ||1,000-1,999 ||8 x first class “freedom of the line” tickets |-|1,600-2,399 ||2,000-2,999 ||a non-transferable silver pass giving unlimited third class travel on the SVR for the holder and up to three guests. |-|2,400-3,999 ||1,000-1,999 ||a non-transferable silver pass giving unlimited first class travel (when available) on the SVR for the holder and up to three guests |-|4,000-6,999 ||5,000-7,999 ||a non-transferable gold pass giving unlimited first class travel (when available) on the SVR for the holder and up to three guests. |-|7,000-10,999 ||8,000-11,999 ||a non-transferable gold pass giving unlimited first class travel (when available) on the SVR for the holder and up to three guests, plus an online voucher for 2 free bottles of selected wine when purchasing a Sunday lunch for 4 guests. |-|11,000-16,499 ||12,000-17,999 ||a non-transferable gold pass giving unlimited first class travel (when available) on the SVR for the holder and up to three guests, an online voucher for 2 free bottles of selected wine when purchasing a Sunday lunch for 4 guests, plus 10% off charter train hire and footplate experience days. |-|16,500-32,499 ||18,000-34,999 ||a non-transferable platinum pass giving unlimited first class travel (when available) on the SVR for the holder and up to three guests, 10% off charter train hire and footplate experience days, plus an online voucher for 2 free bottles ofselected champagne when purchasing a Sunday lunch for 4 guests. |-|32,500 plus ||35,000 plus ||a non-transferable platinum pass giving unlimited first class travel (when available) on the SVR for the holder and up to three guests, 10% off charter train hire and footplate experience days, plus an online voucher for 2 free bottles of selected champagne when purchasing a Sunday lunch for 4 guests. An invitation for two guests to attend the gala lunch with the chairman and other vip guests |-|2021}} shareholders *'''Note''': free travel, silver, gold and platinum passes "are valid for train services in the annual SVR timetable" and are entitled to not transferrable, the shareholder must travel. This description changed from the following 2021 benefits: . ===Benefits to 2021===
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*'''Note 1'''. Free travel vouchers, Silver, Gold and Platinum medallions & passes are valid for all timetabled trains and for special events denoted as eligible in the annual SVR timetable.*'''Note 2'''. The Directors will review the above entitlements periodically and may from time to time adjust them. The Directors confirmed at the time of the issue of the document on 1 November 2016 that no changes would take place within the next three years. In April 2021, following the [[2020 coronavirus disease (COVID-19) pandemic| COVID-19 pandemic]], new benefits were introduced in conjunction with the online booking system, compartments and excursion trains and continuing restrictions. *'''Note 3'''. Shareholders of 3,000 or above shares are entitled to free car parking in SVR car parks and receive an annual windscreen parking pass. Where car parks have exit barriers, shareholders may obtain a free exit token on production of a parking-eligible travel pass at Kidderminster and Bridgnorth ticket offices, shops or at [[The Railwayman's Arms]].
===Usage and booking===*In October 2019 a new Shareholder Travel Pass came into use for the 1,800 eligible passholders, a photo-bearing credit card-sized pass to replace during 2020 the previous version and medallion that were open to abuse.<ref>[https://www.svrlive.com/blnov19 SVR Live, Branch Lines November 2019] (Retrieved 9 November 2019)</ref><ref>SVR(H) letter to passholders November 2019</ref> It contains a bar code to monitor usage levels.*From 2021 all shareholder travel must now be booked online and to receive the Company must be in receipt of a shareholder's email address.
==Legal Charges==
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