Huge share take-up means £1.25m target almost reached
THE Gloucestershire Warwickshire Railway’s Broadway: The Last Mile share offer was just under £50,000 away from meeting its £1.25million target as this issue of The Railway Magazine closed for press.
The share offer finishes at the end of April, and it appears that the imminent shut-off date has spurred supporters into action to buy shares before it’s too late.
The Gloucs-Warks has a proven track record for this type of
fundraising, and a few weeks into the railway’s 2017 season, more than £1,200,000 had been raised, a staggering figure given that the share offer was only launched in April last year.
The success of the appeal has ensured that the extension to Broadway, together with the new station, will open next spring as planned.
“I can with confidence say that we will open our railway’s brand new Broadway station in March 2018,” said Chris Bristow, the railway’s volunteer finance director.
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