4GLOBAL appoints Davendra Dabasia as an independent non-executive director

4GLOBAL plc (LON:4GBL), a UK-based data, services and technology company focused on major sporting events and the promotion and measurement of physical activity, has announced the appointment of Davendra Laxmidas Dabasia as an independent non-executive director of the Company with effect from 1^st April 2024.

Davendra serves on the Mace Executive Board and is COO of Mace Consult Limited, a global group of programme delivery consultants and construction experts, employing over 7,000 people across four hubs and offering clients in public and private markets delivery-focussed services and sustainable programme outcomes.

Davendra brings over two decades of experience across consultancy and construction services and a track record overseeing significant infrastructure programmes. He has led Mace’s growth and expansion into new international markets and territories such as the Middle East, Asia Pacific and the Americas.

Notable projects include Lima 2019 Pan and Parapan American Games, the London Olympic Park Legacy Transformation, transport clients in the UK, Go Expansion’s transit infrastructure programme in Canada and significant projects in the Middle East.

Davendra has chosen to receive his remuneration by way of share options over ordinary shares in the Company. He will receive £25,000 worth of share options based on the closing mid-market share price at the date of grant which will be each anniversary of his appointment. He will receive an initial allocation, as at 1^st April 2024, which will vest 1/12^th on a monthly basis. The Company reserves the right to settle the options for cash.

Ian James, Chairman, commented: “We are delighted to welcome Davendra to the Board as a non-executive director. His extensive experience, background and construction delivery partner track record will strengthen our position internationally and will be of significant benefit to 4GLOBAL as it continues its expansion into new geographical areas. As 4GLOBAL moves into the next stage of expansion we will be looking at the structure of the Board to ensure it has the right expertise and experience to help us take 4GLOBAL to the next level.”

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Davendra Laxmidas Dabasia, aged 44, holds or has previously held the following UK directorships: