4GLOBAL PLC Launch of new Social Value Calculator
17 January 2022 - 6:01PM
RNS Non-Regulatory
TIDM4GBL
4GLOBAL PLC
17 January 2022
17 January 2022
4GLOBAL PLC
("4GLOBAL" or the "Company")
Launch of new Social Value Calculator
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 launch of the latest
version of its Social Value Calculator ("SVC").
4GLOBAL's SVC 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. Social value encompasses
health, wellbeing, educational and social benefits experienced by
people, communities and society generally through physical
activity.
The SVC is a fundamental element in 4GLOBAL's business model, in
use since the Company's inception, and enables clients to calculate
an estimate of the monetary value arising from investment.
The new version uses a duration-based model with a focus on the
amount of time per week people spend engaged in physical activity.
The model now extends to include those who are less active rather
than the previous focus on the more active only. The new version of
the SVC also enables clients to assess the financial benefits
arising from improvements in physical and mental health, subjective
wellbeing, individual development and social and community
development. Users can apply a range of filters to focus on
specific outcomes or target groups which are key to their
investment decisions.
4GLOBAL's SVC is already widely used by its clients to assess
the financial impact of health and wellbeing initiatives. The
Directors believe that the new SVC will provide 4GLOBAL's clients
with the tools to make even more compelling cases for new contracts
and will strengthen further 4GLOBAL's unique selling proposition
and enhance new business conversions.
Eloy Mazon, Chief Executive Officer of 4GLOBAL, commented:
"Our new SVC (v3) is part of our ongoing programme of upgrades
to assist clients in making investment decisions and helping them
assess whether their investments are achieving the criteria set for
them.
"We are delighted that all 4GLOBAL's existing clients are
migrating to the new product. Also encouragingly, additional new
clients are already showing interest and are attracted by the
enhanced offering.
"Our aim is to lead the high growth market in which we operate
providing clients with highly functional tools to assess and
monitor projects. With our committed team, unique database and
market leading analytical tools, I believe we can look forward
optimistically to an exciting future for 4GLOBAL."
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, Robert Hayward,
Chris Crawford
IFC Advisory 0203 934 6630
Graham Herring / Zach Cohen 07793 839 024
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
NRAGPURAGUPPGQC
(END) Dow Jones Newswires
January 17, 2022 02:01 ET (07:01 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