Steam Railway (UK) - - News | Focus -

Funds raised by the Sev­ern Val­ley Rail­way’s Bridg­north share of­fer have passed the £1.5 mil­lion mark. At the time of go­ing to press, the SVR had raised £1,502,245 to­wards the Bridg­north de­vel­op­ment project, leav­ing just un­der £1m to be raised by the time the share of­fer closes on October 31. The rail­way is hope­ful of a late surge in sales as the dead­line nears and, for the first time in the cam­paign, the num­ber of pur­chases from new share­hold­ers has ex­ceeded pur­chases from ex­ist­ing share­hold­ers. It is ex­pected that the forth­com­ing ‘Au­tumn Steam Gala’ on Septem­ber 21-24 will boost sales. Long-time SVR vol­un­teer and board mem­ber Tony Bend­ing, says: “Although the end of the share of­fer pe­riod is now only two months away and we have £1 mil­lion to raise, we are still hope­ful of achiev­ing our tar­get. “We’ve had enor­mous in­ter­est in what we are do­ing with more than 3,000 web en­quiries, so we think there is still more to come. It’s not too late to ap­ply.” For more in­for­ma­tion about the SVR’s Bridg­north de­vel­op­ment project, and the rail­way’s fu­ture plans, see page 38. To learn more about the share of­fer, and how to ap­ply for shares, turn to page 37.

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