Major Contract Win With Bristol Airport
10/3/2009
On 9 March 2009, Eruma plc, the AIM traded specialist provider of counter terrorism and burglary protection products and emergency lighting, raised £180,000 through the issue of convertible loan notes. The convertible loan notes, which are unsecured, bear an annual coupon of 10 per cent. payable half yearly and are convertible at any time into ordinary shares of 1p in the Company at a price of 1.125 pence per share. Additionally, subscribers have been issued one warrant with an exercise price of 2.5p for every four convertibles loan notes. These warrants may be exercised into new ordinary shares of 1p at any time within five years of issue. **ENDS** For further information please visit www.erumaplc.com or contact: Wayne Money Eruma plc Tel: +44 (0)20 7566 2610 Clive Carver / Edward Frisby FinnCap Tel: +44 (0)20 7600 1658 Chris Welsh St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177 Hugo de Salis St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177 Notes to Editors: Incorporated in March 2005 and listed on AIM, Eruma plc is the holding company for Security Blinds Ltd and Illuminex Ltd. Security Blinds Ltd is a leading manufacturer of physical security 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. Illuminex Ltd is a supplier and distributor of intelligent emergency lighting systems. Illuminex solid state systems aim to provide superior performance whilst reducing costs to businesses and the environment. Download the PDF version.
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