Company Announcements

LSE: PINE

22 April 2024

Pinewood Technologies Group PLC

("Pinewood")

Notice of Results

Pinewood Technologies Group PLC, a leading pure-play SaaS business providing innovative retail solutions to the automotive industry, announces it will report its audited financial results for the 13 months ended 31 January 2024 on Thursday, 25 April 2024.

Pinewood's CEO, Bill Berman, and CFO, Ollie Mann, will be holding a presentation on the results for sell-side analysts at 9.00am the same day, which will also be broadcast via the following link: https://brrmedia.news/PINE_FY.

For more details on the meeting and to register attendance, please contact Headland Consultancy (pinewood@headlandconsultancy.com).

Enquiries:

About Pinewood Technologies Group PLC:

First established in 1981, Pinewood Technologies Group PLC (Pinewood) is a leading provider of Dealer Management System (DMS) software and services to automotive retailers.  Pinewood's DMS is a market-leading solution, 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 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.