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Eruma’s emergency lighting business has won £200,000 worth of contracts.
Illuminex has gained three contracts with an NHS facility in Kingston, a police authority and a school in Essex. In the same period of 2010 orders were worth less than £20,000. The whole group generated £493,000 in revenues in the first half of 2010.
Eruma has also signed a partnership with energy consultancy Concept Energy Solutions. The partnership will provide energy assessments to clients.
Eruma raised £120,000 at 9p a share last October. Robert Brooks subscribed for most of the shares taking his stake to 10.4%. In August, Eruma raised £479,000 at 9p a share. Recently appointed finance director David Tilman bought a 7.5% stake at that time.
At 7p a share, up 1.375p on the day, Eruma is valued at £1.18m.
Download the February edition of AIM Journal at http://www.hubinvest.com/AIMPDFFebruary2011_17.pdf
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