Trustworthy, administrator
6,720
edits
Changes
m
Add no dividend or distribution
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. [[Severn Valley Railway Company Limited]] has the largest shareholding, comprising 22.2% {{As of|2016|11|lc="y"}}.<ref>Prospects for Bridgnorth Share Issue</ref>
As a condition of Heritage Lottery Funding the Company's Articles were amended in December 1997 so that no dividend shall be paid and, in the event of winding up, no surplus shall be distributed to shareholders.
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]].
