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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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JANUARY 25, 2006
Date of Report
JANUARY 19, 2006
Date of Earliest Event Reported
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TELEWEST GLOBAL, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 000-50886 59-3778247
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation or
organization)
160 GREAT PORTLAND STREET
LONDON W1W 5QA, UNITED KINGDOM
(Address of principal executive offices)
+44-20-7299-5000
(Registrant's telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
|X| Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On January 19, 2006, the Compensation Committee of the Board of Directors
of Telewest Global, Inc. (the "Company") granted a discretionary bonus to
each of Anthony (Cob) Stenham, the Chairman of the Company's Board of
Directors, and Neil Smith, the Company's Vice President and Chief Financial
Officer, in accordance with the terms of the Company-wide bonus plan for
the fiscal year 2005, adopted by the Compensation Committee on February 3,
2005 (the "2005 Plan"). These discretionary bonuses were equal to 20% of
base salary, or GBP 92,250 in the case of Mr. Stenham and GBP 64,575
in the case of Mr. Smith, and were in addition to the performance-related
bonuses otherwise awarded to these executive officers under the 2005 Plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
Date: January 25, 2006
TELEWEST GLOBAL, INC.
By: /s/ Clive Burns
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Name: Clive Burns
Title: Company Secretary