A company that uses data to monitor physical activity and encourage people to play more sport plans to list on the London market early next month. 

4GLOBAL works with governments, sports federations and gyms to gather data and provide software that helps promote fitness. 

On track: 4GLOBAL works with governments, sports federations and gyms to gather data and provide software that helps promote fitness

On track: 4GLOBAL works with governments, sports federations and gyms to gather data and provide software that helps promote fitness

It uses a DataHub platform, which tracks physical activity to predict wider trends. The platform currently monitors the fitness patterns of around 21m people from 2,500 sporting facilities. 

4GLOBAL plans to raise up to £4m through its listing on AIM. Its market cap is expected to be around £20m. 

‘This is an important step in our growth journey,’ said 4GLOBAL chief executive Eloy Mazon.

‘We are at a pivotal and exciting point in the company’s development, and we very much look forward to welcoming new investors as shareholders.’

This post first appeared on Dailymail.co.uk

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