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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| OEM | LSE:OEM | London | Ordinary Share | GB0006572241 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:6744N
OEM PLC
08 February 2008
OEM plc has been pursuing claims against third parties consequent upon the
discovery of fraudulent misappropriation of its monies by its deceased director
Brian Schneider. There have already been substantial settlements with third
parties. There have been ongoing proceedings against further parties. This has
resulted in a further payment in cash of £2,300,000 (made without admission of
liability) which the board of directors, after taking leading Counsel's advice,
consider to be an appropriate settlement.
All telephone enquiries to 020 7437 1011
This information is provided by RNS
The company news service from the London Stock Exchange
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