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An announcement from Pinewood Technologies ( (GB:PINE) ) is now available.
Pinewood Technologies Group plc has announced a retail offer of new ordinary shares via RetailBook, aimed at both existing shareholders and new investors in the UK. The proceeds from this offer will be used to acquire a 90.9% stake in Seez App Holding Ltd and support the company’s growth initiatives. This offer is part of a broader strategy that includes an accelerated bookbuilding process and direct subscriptions to enhance market positioning and stakeholder engagement.
More about Pinewood Technologies
Pinewood Technologies Group plc is a cloud-based full-service technology provider focused on automotive retailers and OEMs. It operates in the automotive technology industry and is listed on the main market of the London Stock Exchange.
YTD Price Performance: -5.71%
Average Trading Volume: 385,777
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £286.8M
See more data about PINE stock on TipRanks’ Stock Analysis page.
