PEAK RAIL PLC SHAREHOLDERS
Would you like to become a Shareholder in Peak Rail?
Becoming a shareholder means that you are a part owner of the railway and anyone aged 18 and over can apply. Shares can also be brought by adults on behalf of children.
At present we have some 4,500 people who own shares in the company. They all have the right to Attend Annual General Meetings and vote on company business. Shareholders also have the right to receive dividends (although no dividends are currently anticipated)
Peak Rail utilises shareholders’ money to progress the railway forward i.e extending the line and also uses this revenue to purchase assets for use on the railway, such as buildings, track and rolling stock.
Shares can be sold by shareholders to other people and they are also transferable on the death of a shareholder.
Shares cost £1.00 each with a minimum purchase of £25.00 and can be purchased by obtaining an application form, Telephone us on 01629 580381 or write to Peak Rail plc, Matlock Station, Matlock, Derbyshire. DE4 3NA. Every successful applicant will be issued with a share certificate for the amount of shares purchased but you should allow at least six weeks for delivery.
Shareholders on the register of members will be entitled to the following free facilities on the railway:-
25 – 49 shares – one ordinary return ticket each year for the length of line open for operation.
50 – 99 shares – two ordinary return tickets each year for the length of line open for operation.
100 – 499 shares – four ordinary return tickets each year for the length of line open for operation.
500 – 999 shares – “Peak Rail Passport” – Lifetime pass and discount card for family members.
1000 shares or more – “Peak Rail Premier Passport” – transferable lifetime pass and discount card for family members.