REG - 4GLOBAL PLC - 4GLOBAL secures £4M contract win

4GlobalAnnouncement

31/10/2022 07:01

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RNS Number : 5671E  4GLOBAL PLC  31 October 2022

31 October 2022

4GLOBAL PLC

("4GLOBAL" or the "Company")

4GLOBAL secures international expansion with £4M contract

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 a £4million project over 5 years
with a major sporting infrastructure project for a city in the Middle East.
 Approximately £600k of the project is expected to be delivered and
recognised in the current financial year and the project includes an
opportunity for additional scope throughout the engagement.

 

4GLOBAL has been awarded this prestigious project to work alongside a major
global consultancy and construction firm to help inform the design and build
of critical sporting infrastructure that will be used to host and attract
major sporting events, as well as to promote more active and healthy
lifestyles for the citizens in the region.

 

Key to 4GLOBAL's role will be the application of the Company's extensive and
unique knowledge on major events, active places and active people, as well as
its data and technology to inform critical decisions and to drive the
sustainability of the new infrastructure.

 

This project will enable 4GLOBAL to further strengthen its strategic global
partnership which is generating significant sales pipeline opportunities in
the region.

 

Eloy Mazon, 4GLOBAL's CEO, commented:

 

"This is a significant contract win for the Company, representing one of the
largest initial wins in our history and providing valuable foundations to our
plans over the next few years. We are delighted that we have been trusted to
deliver on this project using our data, technology and knowhow for this
sporting infrastructure project taking place in a city in the Middle East,
which we see as a great opportunity to build relationships and work in the
region post project.

 

"This project has given us an opportunity to continue our expansion in the
Middle Eastern market through strategic partnerships which is key to our
growth in the region.

"The international demand for our products and to partner with us (4GLOBAL) in
projects is allowing us to accelerate our expansion into other international
markets which is a key pillar of growth under our strategy."

 

For further information please contact:

 4GLOBAL                                          c/o IFC Advisory

 Eloy Mazon (CEO)

 Spark Advisory Partners - Nominated Adviser      0203 368 3554

 Neil Baldwin

 Oberon Capital - Broker                          0203 179 5300

 Michael Seabrook, Adam Pollock, Chris Crawford

 IFC Advisory                                     0203 934 6630

 Graham Herring / Zach Cohen                      07793 839 024

 

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