Penna Consulting is to raise £4m by selling new shares to fund working capital requirements and the growth of its recruitment communications and interim management businesses.
The move boosts the number of Penna shares by 22.6%.
The shares fell heavily after the announcement, and are now trading at about half their value of six months ago.
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Catering recruiter calls on big companies to address their wages and conditions
Gloucester-based firm offers successful applicants a business induction course and mentor
The Criminal Records Bureau's system is at risk of "overloading", a senior official from the REC has said.
Consultancy aims to change the way recruitment agencies use the internet
An international certification is needed for search consultants operating in Europe in order to raise and standardise industry practices, according to leaders of the European Confederation of Search and Selection Associations (ECSSA).
The Adecco Institute's first research paper finds European companies need to take action to combat ageing workforces
Small business minister announces changes to give the service more clout
A Yorkshire-based recruiter has hit back at criticisms of its candidates screening process after it placed a convicted murderer as a caretaker in a local college.
Shard Recruitment managing director Janet Harris is accusing Keighley MP Ann Cryer of “making assumptions without enquiry,” after the man’s past was discovered.
Shard Recruitment supplied Keighley College with Stuart Longstaff, who
Shard Recruitment managing director Janet Harris is accusing Keighley MP Ann Cryer of “making assumptions without enquiry,” after the man’s past was discovered.
Shard Recruitment supplied Keighley College with Stuart Longstaff, who
Survey finds that employees want job advertisements to detail pension, health insurance and all other benefits.