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IN BRIEF: Pendragon officially changes name to Pinewood Technologies

13th Feb 2024 14:20

Pinewood Technologies Group PLC - pure-play software-as-a-service business - Completes name change to Pinewood Technologies Group from Pendragon, marking its transformation from a car dealership company to a software-as-a service business. Earlier this month, Pinewood completed the sale of its dealership and leasing business to Lithia Motors Inc for a total of GBP397 million.

Current stock price: 35.45 pence, down 0.1% on Tuesday afternoon in London

12-month change: up 80%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.


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