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Pinewood Applied sciences Group PLC (buying and selling as Pinewood.AI) will likely be added to the FTSE 250 Index from 16 September 2025, FTSE Russell has confirmed.
The inclusion comes lower than two years after Pinewood.AI grew to become an unbiased, pure-play software program firm centered on automotive retail options. Since its separation from Pendragon PLC in 2024, the enterprise has secured new contracts, expanded its portfolio into synthetic intelligence, together with the launch of a GPT-powered Automotive Intelligence Chat product, and ready for entry into new markets corresponding to North America.
Pinewood.AI mentioned it is going to present a fuller replace on its technique and outlook alongside interim outcomes for the six months to 30 June 2025, that are due on 24 September.
Chief government Invoice Berman described the index inclusion as “a testomony to the arduous work of our folks” and to the market alternatives for the corporate’s know-how.
Based in 1981, Pinewood Applied sciences gives cloud-based programs for automotive retailers and OEMs. It grew to become a standalone entity after Pendragon offered its UK motor and leasing divisions to US-based Lithia Motors in 2024. In February 2025 the group acquired Seez, an AI and machine-learning SaaS platform for the automotive sector.
“Pinewood Applied sciences Group to Be a part of FTSE 250” was initially created and printed by Motor Finance On-line, a GlobalData owned model.
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