Creditors Voluntary Liquidation
16 March 2011 - 4:01AM
UK Regulatory
TIDMOEM
For immediate release
15 March 2011
OEM PLC -IN CREDITORS VOLUNTARY LIQUIDATION
Trading in the Company's shares on AIM was suspended on 3 March 2008 and the
Company's subsequently announced on 3 December 2010 that the Company was
considering a Company Voluntary Arrangement (CVA). However, it was subsequently
deemed that a CVA was not a viable option.
It was therefore agreed to place the Company into Creditors' Voluntary
Liquidation. As a result of this, a General Meeting of the Company's
shareholders was duly convened and held at Quadrant House, 4 Thomas More
Square, London, E1W 1YW, on 4 March 2011. The following resolutions were duly
passed as a special and an ordinary resolution, respectively:
1. "That it has been resolved by special resolution that the Company be
wound up voluntarily."
2. "That Peter Kubik and Michael Kiely of UHY Hacker Young LLP,
Quadrant House, 4 Thomas More Square, London, E1W 1YW be and are
hereby appointed Joint Liquidators of the Company for the purposes
of the winding-up".
At the subsequent meeting of creditors held at the same place on the same date,
the resolutions were ratified confirming the appointment of Peter Kubik and
Michael Kiely as Joint Liquidators.
For more information please contact:
UHY Hacker Young LLP
Michael Kiely 020 7216 4636
UHY Hacker Young LLP
Quadrant House
4 Thomas More Square
London E1W 1YW
END
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