Difference between revisions of "Severn Valley Railway (Holdings) PLC"
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==Notable shareholdings== | ==Notable shareholdings== | ||
− | Some bodies connected with the SVR maintain shareholdings, as below. | + | Some bodies connected with the SVR maintain shareholdings, taken from the full list of shareholders at 24 June 2016 at Companies House as below. For subsequent years these are not available online, only on CD-ROM by application. |
{| class="wikitable sortable" | {| class="wikitable sortable" | ||
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|[[Highley Station Fund]] ||600|| | |[[Highley Station Fund]] ||600|| | ||
|- | |- | ||
− | |[[Severn Valley Railway Company Limited]] ||1,690,557||See Notes 1 and 2. [[Severn Valley Railway Company Limited]] has the largest shareholding, | + | |[[Severn Valley Railway Company Limited]] ||1,690,557||See Notes 1 and 2. [[Severn Valley Railway Company Limited]] has the largest shareholding, in excess of 20% of issued capital. |
|- | |- | ||
| [[Stanier 8F Locomotive Society]] ||23,810|| | | [[Stanier 8F Locomotive Society]] ||23,810|| | ||
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*Note 3. The former SVRA Branches are now branches of [[Severn Valley Railway Company Limited]]. | *Note 3. The former SVRA Branches are now branches of [[Severn Valley Railway Company Limited]]. | ||
− | {{As of|2016|06|}} the largest private individual's single holding was 390,024 shares. | + | {{As of|2016|06|}} the largest private individual's single holding was 390,024 shares and there are no persons with significant control for this company. |
==Shareholder benefits== | ==Shareholder benefits== |
Revision as of 11:25, 19 November 2017
Severn Valley Railway (Holdings) PLC is a Public Company with a Share Capital. The company was floated in March 1972 as Severn Valley Railway (Holdings) Ltd., and became a Public Limited Company (PLC) in 1980. It owns the SVRSevern Valley Railway's infrastructure such as lines and stations. It also owns three steam locomotives, four operational diesel locomotives and a number of carriages, and enters into running agreements with operators of other locomotives and rolling stock to be based on the line. It 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.
The company is commonly referred to within the SVRSevern Valley Railway as "the Holding Company" or "Holdings", and in writing is often abbreviated to SVRSevern Valley Railway(H). A Severn Valley Railway shareholder owns a share of this company and is entitled to attend the Annual General Meeting.
The Company is an unlisted company, and its shares are not currently quoted on any trading platform, nor are there any matched bargain facility arrangements. There is currently no secondary market in the shares and shareholders may only sell their shares by way of private bargain if they can themselves find a buyer.[1] It is difficult to obtain reliable information about the secondary value of shares. The 2012 Share Offer document commented that the average price of transactions in the previous year was 45 pence per 100 pence share.[2]
Some bodies connected with the SVRSevern Valley Railway maintain shareholdings, taken from the full list of shareholders at 24 June 2016 at Companies House as below. For subsequent years these are not available online, only on CD-ROM by application.
Bodies currently associated with the SVRSevern Valley Railway | Shareholding as of June 2016[update][3] | Notes |
---|---|---|
The 2857 Society | 714 | |
The 75069 Fund | 1,501 | |
Arley Station Fund | 100 | |
Class 50 Alliance Limited | 9,560 | |
DTG Trading Limited | 15,000 | |
Great Western (SVR) Assoc. | 1,026 | |
Hampton Loade Station Fund | 85 | |
Highley Station Fund | 600 | |
Severn Valley Railway Company Limited | 1,690,557 | See Notes 1 and 2. Severn Valley Railway Company Limited has the largest shareholding, in excess of 20% of issued capital. |
Stanier 8F Locomotive Society | 23,810 | |
Stanier Mogul Fund | 4,286 | See Note 1 |
SVRASevern Valley Railway Association South East Branch | 15,000 | See Note 3. Branch closed |
SVRASevern Valley Railway Association Stourbridge Branch | 500 | See Note 3 |
SVRASevern Valley Railway Association Cheshire branch | 1,705 | See Notes 1 and 3 |
SVRSevern Valley Railway 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. |
SVRA Wolverhampton Branch | 4,640 | See Note 3 |
- 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.
- Note 3. The former SVRASevern Valley Railway Association Branches are now branches of Severn Valley Railway Company Limited.
As of June 2016[update] the largest private individual's single holding was 390,024 shares and there are no persons with significant control for this company.
Shareholders are entitled to the following benefits as set out in the November 2016 Bridgnorth Station 'Building for the Future' Share Issue document:
Shareholding | Annual Benefits currently in operation |
---|---|
100 – 224 | A voucher for 1 Third Class “Freedom of the Line” ticket |
225 – 399 | Vouchers for 2 Third Class “Freedom of the Line” tickets |
400 – 799 | Vouchers for 4 Third Class “Freedom of the Line” tickets |
800 – 1,199 | Vouchers for 4 First Class “Freedom of the Line” tickets |
1,200 – 1,799 | A non-transferable Silver Pass giving unlimited Third Class travel on the SVRSevern Valley Railway for the holder and up to three guests |
1,800 – 2,999 | A non-transferable Silver Pass giving unlimited First Class travel (when available) on the SVRSevern Valley Railway for the holder and up to three guests |
3,000 – 5,999 | A non-transferable Gold type Medallion and Pass giving unlimited First Class travel (when available) on the SVRSevern Valley Railway for the holder and up to three guests, throughout the period of the shareholding |
6,000 – 9,999 | A non-transferable Gold type Medallion and Pass giving unlimited First Class travel (when available) on the SVRSevern Valley Railway for the holder and up to three guests, throughout the period of the shareholding, plus 4 Sunday Luncheon Vouchers per annum |
10,000 – 14,999 | A non-transferable Gold type Medallion and Pass giving unlimited First Class travel (when available) on the SVRSevern Valley Railway 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 |
15,000 – 29,999 | A non-transferable Platinum type Medallion and Pass giving unlimited First Class travel (when available) on the SVRSevern Valley Railway 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 |
30,000 plus | A non-transferable Platinum type Medallion and Pass giving unlimited First Class travel (when available) on the SVRSevern Valley Railway 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. |
- 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 SVRSevern Valley Railway timetable.
- Note 2. The Directors will review the above entitlements periodically and may from time to time adjust them. However, the Directors confirm that no changes will take place in the next three years.
- Note 3. Shareholders of 3,000 or above shares will be entitled to free car parking in SVRSevern Valley Railway car parks.
- Note 4. For Shareholders who wish to consider disposing of their shares, these can be donated to the Severn Valley Railway Company Limited
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.
See also
The SVR Organisation
List of rolling stock owned by SVR(H)
References
- ↑ Cite error: Invalid
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tag; no text was provided for refs named2016doc
- ↑ 2012 Share Offer prospectus
- ↑ Full list of shareholders at 24 June 2016
Links
Bridgnorth Station share offer
Severn Valley Railway (Holdings) PLC (company 01046274) on Companies House