4GLOBAL PLC Contract Wins (7609Z)
January 16 2024 - 2:00AM
UK Regulatory
TIDM4GBL
RNS Number : 7609Z
4GLOBAL PLC
16 January 2024
16 January 2024
4GLOBAL PLC
("4GLOBAL" or the "Company")
Contract Wins
4GLOBAL, a UK-based data, services and software company focused
on major sporting events and the promotion and measurement of
physical activity, is pleased to announce that it has been awarded
two contracts in the Kingdom of Saudi Arabia ("KSA") resulting in a
combined value of over GBP800,000, with the majority of the work
scheduled for completion within the current financial year.
The initial award, with the client in KSA, has enlisted the
services of 4GLOBAL to assess the value and operational viability
of a number of sporting facilities in the area. This venture is
aimed at securing public investment for the facilities,
contributing to the expansion of sports participation in the
region.
The second award is with a new partner within the region.
4GLOBAL is set to deliver a comprehensive solution offering
valuable insights into the feasibility of investing in sports
facilities and the potential return on investment. This solution
aims to enhance the overall return on investment by enhancing
aspects such as facilities, programmes and events.
Eloy Mazon, 4GLOBAL's CEO, commented:
"We are delighted to have been awarded the two additional
contracts in KSA. This is a significant achievement and a testament
to our commitment to excellence and our strong presence in this
region. Securing these contracts underscores the robustness of our
international expansion strategy and the value our existing and
potential customers see in gaining access to our data (DataHub) and
insight solutions that are critical to them to make the right
decisions at the right time" The board is confident that we are
trading in line with market expectations for the current financial
year.
For further information please contact:
4GLOBAL c/o IFC Advisory
Eloy Mazon (CEO)
Spark Advisory Partners - Nominated Adviser
Neil Baldwin 0203 368 3554
Canaccord Genuity Limited - Broker
Bobbie Hilliam 020 7523 8000
IFC Advisory
Graham Herring / Zach Cohen 0203 934 6630
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END
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