REG - 4GLOBAL PLC - Contract Wins

4GlobalAnnouncement

16/01/2024 07:01

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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 £800,000, 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   0203 368 3554

 Neil Baldwin

 Canaccord Genuity Limited - Broker            020 7523 8000

 Bobbie Hilliam

 IFC Advisory                                  0203 934 6630

 Graham Herring / Zach Cohen

 

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