Friday, 3 February 2017

'Broadway - the last mile' share offer passes the £1,000,000 point!

Dear GWSR supporter,
  
I am delighted to be able to tell you that today we passed the £1,000,000 mark on our 'Broadway - the last mile' share appeal thanks to the generous support of our shareholders, members, volunteers and the public at large.
  
I feel very confident now we have broken through the psychologically important £1 million barrier that the balance of the funds we need, now only £230,000, will flow in during the next 90 days before the share offer closes on 30 April 2017.
  
We do absolutely need this cash as you've probably heard the embankment between the 2 bridges in Broadway needs more substantial remedial work than previously estimated but, with your continued financial support, I remain confident that we will be welcoming our first passengers to Broadway on 30 March 2018 (Good Friday).
  
If you had been planning to contribute to the share appeal then, with the end, in sight, I would like to suggest now would be a good time.

Thanks again to everyone who has already contributed,
  
Chris
  
Chris Bristow

GWSR PLC Finance Director
  

3 comments:

  1. You recommend giving to the share issue rather than just giving as a donation gift aided with a proviso that the money go towards the "last mile" appeal?

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  2. Congratulations on breaking through the £1,million mark!.As a member,and shareholder,I'm confident that the share offer,will be fully subscribed!. Anthony Locke.

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  3. Hi Gordon,

    Excellent comment thank you. regarding either buying more GWSR shares or making a donation to GWRT, if you've got enough shareholder tickets then it's best for the railway to make a donation to the GWRT as, if you are a UK tax payer, they will claim 25% gift aid - If you go down this route send a cheque to Glyn Cornish (at the Toddington Station address) made payable to GWRT and write on the back you are a UK tax payer and the word Broadway. Glyn will know what to do!

    Again thanks for your input,

    Chris

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