Company Announcements

LSE: PINE

23 July 2024

Pinewood Technologies Group PLC

("Pinewood")

Notice of Capital Markets Event

Pinewood Technologies Group PLC, a leading pure-play SaaS business providing innovative retail solutions to the automotive industry, announces it will hold a Capital Markets Event for investors and analysts at 9.30am on Thursday, 24 October 2024.

The in-person event will be hosted at etc.venues, 200 Aldersgate, London, EC1A 4HD.

The event will feature presentations from Bill Berman (CEO), Ollie Mann (CFO) and other senior leaders from across the business, which will set out more detail on the Company's strategy, addressable markets and key growth drivers.

To register your interest in attending the event, 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.