4GLOBAL PLC Contract Wins (2698Q)

TIDM4GBL

RNS Number : 2698Q

4GLOBAL PLC

17 October 2023

17 October 2023

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 contracts in the Middle East and in Guadalajara, Mexico.

The contract in the Middle East covers data, insight and knowledge applications for one of 4GLOBAL's long standing strategic partners. The contract has a value of US$290k and will be delivered and recognised in the current financial year.

The contract in Mexico is awarded with the Guadalajara Convention and Visitors Bureau in the City of Guadalajara, one of the sixteen venues of the 2026 FIFA World Cup. Under the contract, 4Global will assist making investment decisions and assess whether investments are achieving the criteria with regards to social impact thanks to the use of 4Global's data and social value calculator product that was developed in collaboration with Sheffield Hallam University. The Social Value Calculator is designed to give leisure providers a tool to measure and provide evidence of the social value created from investment in sport and physical activity. The contract value is for US$250k and will be delivered and recognised in the current financial year.

Eloy Mazon, 4GLOBAL's CEO, commented:

"We are delighted to have been awarded these contracts which signify our commitment to excellence and dedication to delivering exceptional value to our clients. Our new business pipeline is strong, demand for our products and services is at an all-time high and we are confident of delivering further new contract wins."

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 
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CNTXQLFFXBLFFBE

(END) Dow Jones Newswires

October 17, 2023 02:00 ET (06:00 GMT)