Communications group, Telewest has announced that shares in the company will be delisted from the London Stock Exchange (LSE) on 14 July 2004.
In May, as part of the financial restructuring plan, the group moved company assets to a subsidiary of Telewest Global, and ahead of that borrowed £2 billion to convert £3.3 billion of its £5.3 billion debt in to bonds and shares (see Telewest Positive On Restructuring Plan).