The Grand is a magnificent suite hotel on The Leas in Folkestone
"indisputably the finest marine promenade in the world"


Eurotunnel & Le Shuttle Club


ETAG, the Eurotunnel Foundation Shareholders' Action Group, was established to protect members' travel rights.

These are now vested in Le Shuttle Club, which was inaugurated on 1st November 2010.

Those who held the necessary qualifying shares from issue to that date are required to join the club in order to take advantage of their travel rights.

Last email circular to ETAG members 26th June 2013

NB: Do let both ETAG & Le Shuttle Club know if you change your contact details.


Le Shuttle Club

Invitation to pay 2015 annual registration fee 
It is advisable to do this in advance of making a booking, but you only have to pay the registration fee for years in which you wish to travel
Booking page
Scroll down to 'Login' and enter your Le Shuttle Club No, which is the same as your ex shareholder no. – shown on your shareholder card between the inverted triangles, a nine digit number usually starting with 998 ... ... , then continue with your booking
Deed Poll
Executed by The Channel Tunnel Group Ltd, the Eurotunnel subsidiary which holds the Governments’ concession for the tunnel,  to secure the Foundation Shareholders’ travel rights for the remainder of its term to 2086
Based on the terms incorporated in the offer for sale of the Foundation Shareholders’ original shares, adapted as necessary
Membership application form
For those Foundation Shareholders who have not yet joined Le Shuttle Club, which is a prerequisite of utilising their travel rights – joining is free;  joint shareholders may both join, although only one can pay the registration fee in any one calendar year
Various ways of making contact with the Le Shuttle Club and Eurotunnel

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ETAG is directed by a Steering Committee consisting of:

Michael Stainer FCA – Member of former TNU Shareholder Consultative Committee
Paul Fox FCA – Member of former TNU Shareholder Consultative Committee
Michael Spencer QC – Crown Office Chambers, expert in Group litigation
John Webley  FCA – a former Morgan Stanley Managing Director
Russell Ford FCA – former partner in Deloitte Haskins & Sells

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History of Eurotunnel & ETAG
ETAG Contacts


Address: The Grand The Leas Folkestone CT20 2XL

Telephone: +44 (0)1 303 222 200 (we much prefer to communicate by email)


It is important to advise ETAG of any change in your contact details.

As members receive periodic emails from our manually maintained database, please click here to advise of any new email address so that we may update our manually maintained records, with the email heading,
‘Change of email address’; for cross checking purposes, please also give your old email, and your name and address. We will acknowledge all advices received when actioned.

Please click here to advise us of a change of your address, with the email heading
‘Change of address’; again, for cross checking purposes, please also give your old address. All alterations to ETAG’s records will be confirmed by email.

And do not forget to advise Le Shuttle Club
- see section above under 'Contacts'.

ETAG Membership

Most members joined immediately after Eurotunnel announced, in March 2007, that it was to abolish the Foundation Shareholders' travel rights.

The requested Defence Fund contribution was

Offer Year
All these categories have travel rights to the end of the concession in 2086
1st  payment
2nd payment
1500 + units with unlimited 'free' return journeys
1000-1499 units with two 'free' return journeys per annum
1500 + units with unlimited return journeys @50% discount
700-1499 units with one return journey per annum @50% discount

About 1250 Unitholders joined ETAG, their first payments having produced over £140,000, of which about £37,000 remains in the kitty. It has therefore not been necessary hitherto to call for the second installment. In addition, members' available insurance cover amounts to a sum well into seven figures.

Fortunately no immediate threat to our travel rights is presently percieved, but ETAG keeps an eagle eye on developments and emails members periodically with the latest news. If you wish to receive these and be part of ETAG's continuing action to safeguard the travel rights, we are pleased to accept new members paying the first of the two payments originally proposed.

Please click here for ETAG's Defence Fund Contribution Form to download, and return it with your cheque or credit card details, and also please confirm your are joining ETAG by Email with the subject - Confirmation of Defence Fund Contribution.
All subscriptions are gratefully acknowledged.

ETAG   The Grand   The Leas   Folkestone  CT20 2XL



Etag Circular 26th June 2013

Circular 17th June 2013

Circular 1st June 2013

GET SA AGM review 15th May 2013

Circular 25th October 2012

Reception & Lunch 16th November 2010 more info

Final Shareholders’ Meetingof TNU PLC (formerly Eurotunnel PLC)
on 21st September 2010

CTG Deed Poll signed 21st September 2010 pp 1-3

Le Shuttle Club rules ratified 21st September 2010 pp 4-9

Le Shuttle Club Membership Application Form (rev 7th October 2010)

‘Le Shuttle Club advice – still do not sign 2nd September 2010

Le Shuttle Club – advice remains, ‘Do not sign’ 14th July 2010

Not receiving ETAG´s email circulars? Click Here 14th July 2010

Le Shuttle Club Registration Form – do not sign 9th July 2010

ETAG advice to members without current email send 1st class post 21st June 2010

ETAG Advice - Le Shuttle Club Rules 20th June 2010

Le Shuttle Club rules 11th June 2010 posted 19th June 2010

Easter Half Term suspension of travel rights - refunds 18th June 2010

Restriction of Travel Rights February Half Term 2010
Posted 29th Jan 2010
Eurotunnel´s unilateral decision objected to

Renewal of Travel Rights 2010
Posted 29th Jan 2010
Steps to be taken for registration of entitlement

Review of the position as it currently stands
Posted 17th September 2009

AGMs 28th April 2009 & Group Restructuring
Conclusion and suggested action (Posted 20th April 2009)

TNU AGMs 28th April 2009
Agenda commentary (posted 3rd April 2009)

Travel Rights restored & Booking Arrangments
from 15th Jan 2009

Restoration of Travel Rights
Rights to resume in Jan 2009

Temporary Suspension of Travel Rights & their Renewal
Tunnel fire consequences
(Posted 29th Sepember 2008)

TNU AGMs 27th June 2008 - ETAG report
Travel rights - Annual fee planned

TNU AGMs 27th June 2008 Agenda commentry
(posted 23rd June 2008)

Circular 7th April 2008

EGMs 21st Dec 2007 Agenda commentary
(posted 20th Nov 2007)

EGMs 21st December 2007 Attendance report

Progress Report 12th Oct 2007
Renewal of travel rights from 1st Nov 2007

Eurotunnel’s AGM press release

AGMs 27th July 2007 Attandance report

AGMs 27th July 2007 Agenda commentary
(posted 7th July 2007)

Informal reception Sat 14th July 2007 & other matters

Progress Report 30th June 2007
Confirmation that travel rights continue

Accepted in Error? 14th June 2007

A Thank You note 10th June 2007
Your ETAG team and their supporters

New Director 5th June 2007

Progress Report 2nd June 2007

Share Price Observations 2nd June 2007

Surplus Untendered Shares 2nd June 2007

Current Activities 2nd June 2007

Eurotunnel Press Release
31st May 2007
Analysis of initial Offer result
Additional Acceptance Period 1st to 14th June 200

Offer result
25th May 2007 - 87% acceptances - sit tight!

The Takeover Panel ruling 23rd May 2007
Reasons for dismissing ETAG’s ‘separate class of shares’ case (40 pages)
Other aspects of ETAG's approaches to The Takeover Panel, its French Equivalent the AMF, the Paris Commercial Court and its proposed Injunction have not resulted in rulings as either Eurotunnel has taken appropriate action to satisfy our complaints or matters are ongoing.

Progress Report 18th May 2007

Progress Report 15th May 2007

Linklaters’ review
ETAG's action has become a leading case, and Linklaters' review is a very much more digestible summary

Insurance Details 15th May 2007
requested from those ETAG members whose household insurance policies cover contractual disputes

Questionnaire Results 10th May 2007
Evidence that Foundation Shareholders were being misled by Offer documents & information centres

10th May 2007

Offer Closing Date extended 6 days to 21st May 2007 - French press report
9th May 2007

Progress Report 5th May 2007

Background and Financial implications 29th April 2007

Progress Report 24th April 2007

ETAG Newsflash – Preservation of Travel Rights  14th April 2007

Progress Report 14th April 2007

Press Release 9th April 2007

Press Release 31st March 2007



Etag Lunch
Report on ETAG Lunch 22nd June 2013.
Arrangements for Lunch 22nd June 2013

ETAG 16 NOV 2010
Reception & Lunch 16th November 2010

Informal ETAG reception at The Grand Folkestone 14th July 2007
Informal ETAG reception at
The Grand Folkestone 14th July 2007



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