Source - Alliance News

4Global PLC - London-based data, services and software for sporting events and the promotion of physical activity - Signs a $200,000 contract to provide operational support in the lead up to and for the duration of a major sporting event taking place this year. Says it has been ‘retained to provide operational assistance to ensure the host nation is prepared for the upcoming major football sporting event scheduled to take place in late-November and conclude in mid-December’.

Chief Executive Officer Eloy Mazon says: ‘We are pleased to be further expanding our service offering and assisting with the upcoming event in a collaborative process as we work to ensure the host nation’s readiness prior to and during the upcoming tournament. 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. We are delighted to continue strengthening our partnership with Al Jassra which is major player in the region and internationally.’

Al Jassra is an international conglomerate with revenue exceeding £1.0 billion globally.

Current stock price: 62.10 pence

12-month change: down 35%

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