5th Nov 2015 09:33
LONDON (Alliance News) - NetDimensions (Holdings) Ltd on Thursday said it has conditionally raised GBP7.2 million from a placing of 12.0 million new shares at 60 pence each, as it hunts for "opportunities in global markets for enterprise talent management solutions".
The company said its focus will be to capitalise on "high consequence industries" it has identified, namely healthcare, life sciences, manufacturing, transportation, energy and financial services.
"Global spending on integrated talent management systems is estimated at more than USD6.0 billion in 2014 and with the support of our existing and new shareholders we have the opportunity to continue to accelerate our growth towards our target of USD50.0 million by the end of 2018," Chief Executive Jay Shaw said in a statement.
Shares in NetDimensions were up 1.2% at 63.75 pence on Thursday morning.
By Samuel Agini; [email protected]; @samuelagini
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