Dear all,
Bridges
to Broadway Share Issue reaches £200,000!
I am very
pleased to tell you that the Bridges to Broadway share issue has reached the
£200,000 mark in a little under 6 weeks. That's great news!
Peter
Muir and John Balderstone from Darren Fairley's Civil Engineering team have
decided that they will work from south to north starting with Bridge 5 Little
Buckland. They are now busy with design work and the preparation of a
tender which they anticipate will be completed in January. This is followed by
a tendering period and then vetting of tenders forecast to be
completed in February/March. The contract, probably for all 5 bridges, should
be awarded at the end of March with work starting early in May.
It would
be great to have enough funds in to cover Bridges 4 Peasebrook Farm, £46,000,
and Bridge 3 Pry Lane, £18,000 before the year end so, if you have yet to
invest in our railway, now's the time!
Some
other points to mention;
For
any volunteers, members and supporters of the railway who do not want to
buy shares but would like to make a donation, then that would be equally
welcome particularly as the railway is able to claim gift aid on donations from
UK tax payers. Payments to GWRT please not the PLC.
When you
are next at the railway consider getting some extra copies of the share issue
document from our Admin office and handing them to friends who might be
interested in buying some shares. The document is great publicity for the
railway but the shares are also a great offer! Buying the minimum £100
worth of shares, less the £30 tax rebate, costs the shareholder £70. For
this they get 3 free tickets each year currently worth £15 each. That's a great
deal!
See you
at the volunteers meeting.
Chris
Bristow
GWSR PLC Finance
Director
at current speeds, in 15 weeks time we'll have all the money we'll need :D obviously things will slow down, but this is fantastic, well done to everyone involved, as I have said before the brochure is lovely, even though I'm not purchasing, it was nice to read through it before passing it on to someone who might make more use of it!
ReplyDeleteAlex
Could you just clarify re the EIS. If I want to buy £100 shares do I just send you a cheque for £70?
ReplyDelete
DeleteTo purchase shares using EIS you need to send a cheque or a direct debit payment for the full value of the share. You will then be sent your share certificate for that value, within 14 days. Subsequent to that an EIS5 will be sent to you so that you can claim your tax relief from HMRC. If you have any questions regarding the Bridges to Broadway Share offer or EIS please contact me on development@gwsr.com or on 01242 621905.
Maxine Barton Hawkins
I hope that those of us who deposited our email addresses can receive these EIS5 by email, as I would hate to think of money wasted by GWSR on snail mail.
ReplyDelete