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SVR shares offer raises more than £250,000 so far
8:00am Wednesday 10th October 2012 in News
MORE than £250,000 has been raised for the Severn Valley Railway so far after its shares went on sale to raise cash for investment in the attraction.
The heritage line, which runs through Kidderminster and Bewdley, launched its share sell-off earlier this month to give railway fans a chance to own part of it.
Cash raised from the sale of up to three million shares, priced at £1 each, will fund the rejuvenation of Bridgnorth station, the maintenance of rolling stock and infrastructure and the creation of a heritage engineering and building training academy for young people.
SVR bosses will be promoting the scheme this weekend and a presentation will be held at Kidderminster Railway Museum on Sunday about the projects.
Nick Ralls, SVR general manager, said: “We’ve had an amazing response with more than £250,000 raised so far.
“This exciting initiative shows how much the British public love and value heritage railways and hopefully this weekend will inspire even more people to get on board.”