REG - Pinewood Tech Gp PLC - Publication of the Annual Report & Accounts FY24

Pinewood TechnologiesAnnouncement

17/04/2025 11:30

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RNS Number : 4943F  Pinewood Technologies Group PLC  17 April 2025

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A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

 

FOR IMMEDIATE RELEASE

17 April 2025

 

Pinewood Technologies Group PLC ("the Company")

 

Publication of the Annual Report & Accounts FY24

 

Further to the announcement on 1 April 2025 of the Company's results for the
11 months ended 31 December 2024, the Annual Report and Accounts is now
available to view on the Company's website at
https://pinewood.ai/investors/results (https://pinewood.ai/investors/results)
.

In accordance with UK Listing Rule 6.4, a copy of the unedited full text of
the Annual Report and Accounts (in machine-readable XHTML web browser format)
has been submitted to the National Storage Mechanism and will shortly be
available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

This announcement is made in accordance with DTR 6.3.5.

 

Enquiries:

 Headland Consultancy (PR & Communications)      +44 (0) 20 3805 4822
 Henry Wallers
 Jack Gault

 

About Pinewood Technologies Group PLC:

 

First established in 1981, Pinewood Technologies Group PLC (Pinewood) is a
leading cloud based full-service technology provider to automotive retailers
and OEMs. Pinewood's system is a market-leading automotive intelligence
platform, which has been developed collaboratively with dealers and OEMs to
provide secure cloud-based software across sales, aftersales, accounting and
CRM. Headquartered in the UK, Pinewood has a team of over 200 people serving
over 30,000 global users across 21 countries and long-standing partnerships
with over 50 OEM brands.

 

Previously part of Pendragon PLC, in 2024 Pinewood became an independent
entity following the sale of Pendragon's UK Motor and Leasing divisions to
Lithia Motors Inc, one of the largest automotive retailers in North America.
Pinewood simultaneously signed a strategic partnership with Lithia to roll out
its software across Lithia's UK locations and form a joint venture to
co-develop capabilities and accelerate Pinewood's entry into the North
American market.

 

Important Notices

This announcement is not intended to, and does not constitute, or form part
of, any offer to sell or an invitation to purchase or subscribe for any
securities or a solicitation of any vote or approval in any jurisdiction.

This announcement has been prepared for the purpose of complying with the
applicable law and regulation of the United Kingdom and information disclosed
may not be the same as that which would have been disclosed if this
announcement has been prepared in accordance with the laws and regulations of
jurisdictions outside the United Kingdom.

 

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