Trustworthy, administrator
6,658
edits
Changes
→Shareholder benefits: 2021 entitlement.
'''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 £10,000400,000.
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]].
| 1994 || style="text-align:right;" | £750,000 || style="text-align:right;" | £515,000||Freehold of [[Kidderminster]] (£450k) plus working capital.<ref>Target, SVR News 110. £515k raised in 17 months, SVR News 116</ref>
|-
| 2012 || style="text-align:right;" | £4,000,000|| style="text-align:right;" | £2,001,391||Overhaul of [[GWR 4930 Hagley Hall]], [[Bridgnorth#Bridgnorth_Development_Project|Bridgnorth Development Project]] et al. Costs were £89,950.
|-
| 2016 || style="text-align:right;" | £2,500,000|| style="text-align:right;" | £2,548,595|| [[Bridgnorth#Bridgnorth_Development_Project|Bridgnorth Development Project]]. Costs were £121,247.
|-
|}
As the [[2020 coronavirus disease (COVID-19) pandemic]] unfolded the SVR launched its 'Fight Back Fund' appeal for both donations and shares. In the six months to June {{As of|2020 the number of |12|04}} a further 395,947 shares have been issued grew by £152,399during 2020.
==Notable shareholdings==
Some bodies connected with the SVR maintain shareholdings, taken from the full list of shareholders at 24 June 2016 at Companies House as below, with updates as shown. For subsequent years these are not available online, only on CD-ROM by application.
{| class="wikitable sortable"
|[[The 2857 Society]] ||714||
|-
|[[The 75069 Fund]] ||1,501||
|-
|[[Arley Station Fund]] ||100||
|-
| [[Class 50 Alliance Limited]]||9,560||
|-
|[[Coalyard Miniature Railway Model Engineering Society]] || || Thanks to their passengers, the miniature railway have been able to donate funds to the SVR Share Offer for Bridgnorth Station.<ref>[https://www.svr.co.uk/NewsItem.aspx?a=572 Coalyard Miniature Railway news item, SVR website] (Retrieved 8 November 2020)</ref>
|-
|[[ Diesel Traction Group |DTG Trading Limited]] ||15,000||
|[[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 2019.
|-
|[[SVR Wolverhampton Branch|SVRA Wolverhampton Branch]] ||4,640|| See Note 3
|-
|[[Western Locomotive Association]] ||1,000|| Added 2020.
|-
|}
==Shareholder benefits==
{| class="wikitable"
! Shareholding!! Annual Benefits currently in operationto 2020 !! Annual Benefits in operation 2021
|-
|100 – 224 ||A voucher for 1 Third Class “Freedom of the Line” ticket|| Table of two, one use
|-
|225 – 399|| Vouchers for 2 Third Class “Freedom of the Line” tickets|| Table of two, two uses
|-
|400 – 799 ||Vouchers for 4 Third Class “Freedom of the Line” tickets|| Table of two or compartment of four, four uses
|-
|800 – 1,199 ||Vouchers for 4 First Class “Freedom of the Line” tickets|| Table of two or compartment of four, eight uses
|-
|1,200 – 1,799 ||A non-transferable Silver Pass giving unlimited Third Class travel on the SVR for the holder and up to three guests|| Table of two or compartment of four, unlimited uses
|-
|1,800 – 2,999 ||A non-transferable Silver Pass giving unlimited First Class travel (when available) on the SVR for the holder and up to three guests|| As above
|-
|3,000 – 5,999 ||A non-transferable Gold type Medallion and Pass giving unlimited First Class travel (when available) on the SVR for the holder and up to three guests, throughout the period of the shareholding|| As above
|-
|6,000 – 9,999 ||A non-transferable Gold type Medallion and Pass giving unlimited First Class travel (when available) on the SVR for the holder and up to three guests, throughout the period of the shareholding, plus 4 Sunday Luncheon Vouchers per annum|| As above
|-
|10,000 – 14,999 ||A non-transferable Gold type Medallion and Pass giving unlimited First Class travel (when available) on the SVR for the holder and up to three guests, throughout the period of the shareholding, 4 Sunday Luncheon Vouchers per annum, plus 10% off Charter Train Hire and Footplate Experience Days|| As above
|-
|15,000 – 29,999 ||A non-transferable Platinum type Medallion and Pass giving unlimited First Class travel (when available) on the SVR for the holder and up to three guests throughout the period of the shareholding, 10% off Charter Train Hire and Footplate Experience Days, plus either a midweek exclusive observation saloon charter attached to a service train (for up to 23 people) or 4 Sunday Luncheon Vouchers per annum|| As above
|-
|30,000 plus ||A non-transferable Platinum type Medallion and Pass giving unlimited First Class travel (when available) on the SVR for the holder and up to three guests throughout the period of the shareholding, 10% off Charter Train Hire and Footplate Experience Days, plus either a midweek exclusive observation saloon charter attached to a service train (for up to 23 people) or 4 Sunday Luncheon Vouchers per annum. Name added to the Roll of Honour board at Bridgnorth Station.|| As above
|-
|}
*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. However, the 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]].
