SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) September 8, 1998
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Telewest Communications plc
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(Exact Name of Registrant as Specified in Its Charter)
England and Wales
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(State or Other Jurisdiction of Incorporation)
0-26840 Not Applicable
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(Commission File Number) (IRS Employer Identification No.)
Genesis Business Park, Albert Drive, Woking, Surrey GU21 5RW, United Kingdom
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(Address of Principal Executive Offices) (Zip Code)
011-44-1483-750-900
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
Conversion of all Telewest Convertible Preference shares and Issue of
Press Release Regarding Same.
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On September 8, 1998, the 496,066,708 outstanding Convertible
Preference shares of Telewest Communications plc ("Telewest") were converted
into the same number of Telewest ordinary shares. Following the conversion,
Telewest's equity share capital comprises the 2,145,510,040 Telewest ordinary
shares admitted to the Official List of the London Stock Exchange. Pursuant to a
Press Release, dated September 8, 1998, the text of which is attached hereto as
exhibit 99, Telewest announced that the Telewest Convertible Preference shares
had been converted. That Press Release is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
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Exhibit 99 Text of Press Release, dated September 8,
1998, issued by Telewest relating to the
Conversion of all Telewest Convertible
Preference shares.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TELEWEST COMMUNICATIONS PLC
Date: September 8, 1998
By: /s/ Charles Burdick
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Name: Charles Burdick
Title: Group Finance Director
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EXHIBIT INDEX
Exhibit No. Document Description
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99 Text of Press Release, dated September 8, 1998, issued by
Telewest relating to the Conversion of all Telewest
Convertible Preference shares.
Not for release, publication or distribution in or into Canada,
Australia or Japan
TELEWEST COMMUNICATIONS PLC ("TELEWEST")
CONVERSION OF ALL TELEWEST CONVERTIBLE PREFERENCE SHARES ("CONVERSION")
Telewest announces that, as envisaged in the Disclosure Document published on 29
June 1998, all 496,066,708 Telewest Convertible Preference shares currently in
issue have been converted today into the same number of Telewest shares.
Following Conversion, Telewest's listed share capital comprises 2,145,510,040
Telewest shares.
8 September 1998
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PRESS ENQUIRIES:
TELEWEST 01483 750900
Charles Burdick
DEWE ROGERSON 0171 638 9571
Anthony Carlisle
J. HENRY SCHRODER & CO. LIMITED ("SCHRODERS") 0171 658 6000
James Steel
Schroders, which is regulated in the UK by The Securities and Futures Authority
Limited, is acting for Telewest and no one else in connection with the
Conversion and will not be responsible to anyone other than Telewest for
providing the protections afforded to customers of Schroders or for giving
advice in relation to the Conversion.
