TIDM4GBL
4GLOBAL PLC
31 March 2022
31 March 2022
4GLOBAL PLC
("4GLOBAL" or the "Company")
Appointment of Chief Customer Officer
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 the appointment of
Kerstin Obenauer as the Company's new Chief Customer Officer, a
non-board position.
Kerstin will head up the 4GLOBAL account acquisition, management
and delivery team in a new role designed to expand the Company's
client base internationally. Kerstin was previously UK country
director at fitness technology supplier, EGYM, based in Munich, and
has over 20 years' experience in the fitness sector.
Eloy Mazon, Chief Executive Officer of 4GLOBAL, commented:
" As outlined in our recent trading update, we are seeing strong
growth and have a significant pipeline of opportunities,
particularly in Europe and North America. I am pleased to welcome
Kerstin to the 4GLOBAL team and her expertise will be invaluable as
we scale up our offering and focus on our ambition to become the
world's leading data and insight in sports and health data."
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, Chris Crawford
IFC Advisory 0203 934 6630
Graham Herring / Tim Metcalfe
/ Zach Cohen
About 4GLOBAL
4GLOBAL is a UK-based data, services and software company
focused on major sporting events and the promotion and measurement
of physical activity. The Company uses its proprietary data and
software solutions to convert data into actionable insight which
enables clients to promote sports participation, to reduce physical
inactivity and to achieve economic, social and healthcare
outcomes.
The Company works with, and supports, a range of clients
including governments (e.g. the UK Government and Sport England),
cities and local authorities (e.g. Neom, Saudi Arabia, and
Manchester, UK), sporting federations and activity providers (e.g.
The Gym Group), to address the problem of physical inactivity, to
produce significant and measurable health, social and economic
benefits.
Historically, 4GLOBAL has used major sporting events as a
catalyst to help address the issue of physical inactivity issue.
Physical inactivity, the key problem addressed by the technology
offering, is a global phenomenon. Across the globe, physical
inactivity has yet to be met with concerted government action.
Addressing this issue is an essential element of 4GLOBAL's
potential growth. Its relationships with governments, and public
and international sports bodies, makes 4GLOBAL ideally placed to
provide a solution.
Over time, the role that these sports and sporting events play
at national and city (or in the UK at local authority) level has
evolved. 4GLOBAL management identified the London 2012 Olympics as
a transformational point. Since then, increasing emphasis has been
placed on leaving a "legacy" once the event has ended - economic
legacy (in terms of transformation and regeneration of host
cities), social legacy (in terms of improving local/national
health, crime reduction, education improvements) and participatory
legacy (to increase the participation in sport by the host
country's population). 4GLOBAL's management realised that
measurement and monitoring of these outcomes requires relevant
data. As a consequence, the Company has built the Sport
Intelligence platform, which tracks and manages activity data that
has been collected and stored on the Company's DataHub, its
GDPR-compliant database.
The Directors believe that demand for its offerings will
continue to increase. This is driven by underlying growth in key
channels to market, such as a long-standing relationship with the
UK Government, and increased development of proprietary models that
highlight the social return of investment in sport, rising health
and social cost pressures, regulatory and technology change and
continuing consolidation in the sports and technology services
industry.
The Group also has a vision to capitalise on the transformation
in the role of sport towards a wider public purpose around health
and wellbeing through the promotion of physical activity, which in
turn produces health benefits to people and society. In this way,
and through its proprietary sports participation data platform,
Sport Intelligence, the Company differentiates itself from more
generalist sports and/or health technology and services
businesses.
About Reach announcements
Reach is an investor communication service aimed at assisting
listed and unlisted (including AIM quoted) companies to distribute
media only / non-regulatory news releases such as marketing
messages, corporate and product information into the public domain.
An RNS Regulatory announcement is required to be notified under the
AIM Rules for Companies.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
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
NRAWPUMWWUPPPGU
(END) Dow Jones Newswires
March 31, 2022 02:01 ET (06:01 GMT)
4global (LSE:4GBL)
Historical Stock Chart
From Apr 2024 to May 2024
4global (LSE:4GBL)
Historical Stock Chart
From May 2023 to May 2024