Director deals: Buying following Pinewood Technologies contract win

Following the announcement of a major deal by motor dealer software provider Pinewood Technologies (LON: PINE) and a capital markets day, Nicola Flanders acquired 5,714 shares at 346.5p each and Jemima Bird bought 15,627 shares at 343.8p each. Both are non-executive directors and neither previously owned shares.

The deal with Marshall Motor Group has led to an upgrade in profit expectations and is the first major deal since the software business was separated from the Pendragon motor dealer group, which is a major customer.

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Pinewood Technologies supplies dealer management so...

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