Difference between revisions of "Severn Valley Railway (Holdings) PLC"

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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>
 
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>
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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]].
 
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]].

Revision as of 00:31, 28 February 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.

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. Severn Valley Railway Company Limited has the largest shareholding, comprising 22.2% as of November 2016.[1]

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.

SVRSevern Valley Railway(H) 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.

See also

The SVR Organisation
List of rolling stock owned by SVR(H)

References

  1. Prospects for Bridgnorth Share Issue

Links

Severn Valley Railway (Holdings) PLC (company 01046274) on Companies House