Lithia Motors Increases Stake in Pinewood Technologies
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Lithia Motors Increases Stake in Pinewood Technologies

Pendragon (GB:PINE) has released an update.

Lithia Motors Inc., headquartered in Medford, Oregon, USA, has altered its stake in Pinewood Technologies Group PLC, resulting in a notable increase in its voting rights to 24.78% as of June 14, 2024. This change, which was formally notified to the issuer on June 17, 2024, has surpassed the previous notification threshold, indicating a strategic shift in shareholding.

For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.

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