5/10/10
Issue of Equity
Eruma plc, the AIM traded specialist provider of counter terrorism, bomb blast protection, intruder prevention and intelligent lighting solutions, is pleased to announce that it has raised £120,000 by the issue of 1,333,333 new ordinary shares in the Company at a price of 9 pence per share (‘the Placing’). The Placing proceeds will be used to advance the Company’s business pipeline and for general working capital purposes.
Following the above Placing the total voting rights is made up of 16,928,118 ordinary shares of 1 penny each.
Robert Brooks subscribed for 1,111,111 in the Placing. Subsequent to the Placing Mr Brooks has an interest over 1,762,428 ordinary shares in the Company, representing approximately 10.4 per cent of the Company’s enlarged issued share capital.
For further information please visit www.erumaplc.com or contact:
David Alexander Eruma plc Tel: +44 (0)20 7566 2610
Wayne Money Eruma plc Tel: +44 (0)20 7566 2610
Liam Murray Cairn Financial Advisers LLP Tel: +44 (0)20 7148 7903
Hugo de Salis St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177
Elisabeth Cowell St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177
**ENDS**
Notes
Incorporated in March 2005 and listed on AIM, Eruma plc operates through two divisions Security Blinds and Illuminex.
Security Blinds is a leading manufacturer of physical security and protection systems in the UK. Servicing both the public and commercial sectors, the patented Secur™ system provides clients with protection against theft and forced entry. The system also gives businesses and institutions the opportunity to take proactive steps to address the modern threat of terrorism; having met stringent testing requirements to win endorsement by the Home Office, Association of Chief Police Officers, leading banks, and local authorities through its ability to protect people, property and equipment from bomb blasts.
Security Blinds also produces the Anti Ram Raid Gate. This gate is installed behind roller shutters to protect against ram raids. Anchored to the inside of the building the retractable barrier resists being rammed by vehicles, including lorries, and will deter roller shutters from being forced open by jacks or breached by angle grinders used by determined thieves.
Illuminex is a supplier and distributor of intelligent lighting systems. Illuminex solid state systems provide superior performance whilst reducing costs to businesses through reductions in energy consumption and maintenance overhead. This drives a significant reduction of an organisation's impact on the environment through reducing an organisation's carbon footprint, which enables them to seek government funding and loans to implement these solutions.
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