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Old 10-07-2006, 17:52   #4
James Henry
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Join Date: Apr 2006
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Re: Telewest Shares help please

I have a feeling that your shares will now be completely worthless and will have lapsed. You would have been written to with information on what to do.

You'd have lost 98.5% of your Telewest shares and been given 1.5% of these in Telewest Global. Each 804 shares you had would have been worth 1 share in the newer company. Of the 1.5% remaining I think less than 0.5% would be remaining in shares and perhaps 1% in cash from the merger.

I think again however that you may have lost your holdings as you didn't respond when Telewest Communications became Telewest Global 2 years ago. You'll have no share certificate for the new company.
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