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Severn Valley Railway Company Limited

122 bytes removed, 22:59, 5 October 2020
Updated shareholding
Although it no longer owns the line, the Guarantee Company is still an active part of the Severn Valley Railway. It remains as the SVR’s membership arm and provides volunteer staff to operate the railway (all volunteers must be members). The SVR has around 13,000 members and membership is by subscription. Members receive preferential rates of travel.
At 31 December 2018 It has the Guarantee Company maintained a largest shareholding in SVR(H): in 2020 it was 17.8% of issued capital (1,807,679 shares, approximately 17.83% of the issued share capital of SVR(H).<ref>[https://beta.companieshouse.gov.uk/company/00906842/filing-history Companies House, 2018 Report and Accounts] SVR(Retrieved 16 July H) Financial Statements for the year ended 5 January 2020)</ref> It nominates three directors to the SVR(H) board.<ref>SVRLive</ref>
It also publishes [[Severn Valley Railway News]], a quarterly magazine, free to members.
Patrick Hearn
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