Rallying | Jotup

RALLYE S.A.: Annual results 2023

Retrieved on:

Wednesday, April 10, 2024

Remuneration, Rallying, Policy, Exercise, Bank

In 2023, some of Rallye’s creditors exercised their right to take over the Casino shares held in a fiduciary-trusts, resulting in a €30m reduction in financial debt.

Key Points:

In 2023, some of Rallye’s creditors exercised their right to take over the Casino shares held in a fiduciary-trusts, resulting in a €30m reduction in financial debt.
In 2023, the change of €265m in IFRS restatements corresponds to the accelerated amortization of liabilities under the IFRS 9 standard as part of the abandonment of the principle of going concern.
Financial expenses in 2023 relate to interest on financial debts amounting to - €183m and a provision for impairment on Casino securities for -€1,915m.
Shareholders' equity amounted to a negative amount of -€3,221m at 31 December 2023, compared with a negative amount of -€601m at 31 December 2022.

The ‘Original’ Supercar, Historic 1967 Ford GT40 and Final Auction Highlights, Including Oak Green 1988 Porsche 959 SC, Announced for The Amelia Auction Alongside the Release of the Digital Catalogue

Retrieved on:

Tuesday, February 13, 2024

Finally, a stunning 1958 BMW 507 Series II Roadster, estimate: $2,600,000 - $2,900,000, joins the peerless roster of consignments.

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Finally, a stunning 1958 BMW 507 Series II Roadster, estimate: $2,600,000 - $2,900,000, joins the peerless roster of consignments.
Notably, the 1967 Ford GT40, with chassis number P/1069, has been thoroughly vetted by marque specialist and known authority, Mr. Ronnie Spain.
In his own words, Mr. Spain describes P/1069 as “a fascinating GT40 with an interesting history, including beginning life as one of Ford's very limited number of Press cars”.
A final and even more incredibly rare Porsche highlight consigned for the auction is this 1994 Porsche 911 Turbo S “Package”, estimate: $1,000,000 - $1,200,000.

Double podium to start the season for TOYOTA GAZOO Racing

Retrieved on:

Monday, January 29, 2024

Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team has started the 2024 FIA World Rally Championship season with a double podium finish at Rallye Monte-Carlo with Sebastien Ogier second and Elfyn Evans third.

Key Points:

Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team has started the 2024 FIA World Rally Championship season with a double podium finish at Rallye Monte-Carlo with Sebastien Ogier second and Elfyn Evans third.
Sami Pajari and Enni Malkonen (Printsport) were the best-placed crew at the finish in 12th overall and fifth in class RC2.
"The start of our eighth WRC season was a new step for TOYOTA GAZOO Racing WRT.
For TOYOTA GAZOO Racing, WRC is not just a competition to win.

TOYOTA GAZOO Racing launches 2024 WRC challenge at iconic opener

Retrieved on:

Friday, January 19, 2024

Toyota City, Japan, Jan 19, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team will target a successful start to the 2024 FIA World Rally Championship at the famous Rallye Monte-Carlo on January 25-28.

Key Points:

Toyota City, Japan, Jan 19, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team will target a successful start to the 2024 FIA World Rally Championship at the famous Rallye Monte-Carlo on January 25-28.
While the technical regulations remain stable, a radical change has been made to the WRC points system for 2024, aimed at enhancing the sporting spectacle on the final day of rallies.
Rallye Monte-Carlo is one of the trickiest rallies in terms of the conditions with difficult tyre choices, but we're up for the challenge."
Follow TOYOTA GAZOO Racing WRT:

RALLYE S.A.: Arrangements for making documents available at the Shareholders’ Meeting of 12 February 2024

Retrieved on:

Tuesday, January 30, 2024

Bulletin, Rallying, Commercial code, Marriott Hotels & Resorts, Shareholder, Security (finance)

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
The Notice of Meeting was published in the Bulletin des Annonces Légales Obligatoires of 22 January 2024 (Bulletin n°10) and in the Actu-Juridique support of the same day.
The procedures for participation and voting at this Meeting are set out in this notice.
Information and documents relating to this Meeting can be found on the Company’s website: https://www.rallye.fr /
All documents and information concerning this Meeting are made available to the Shareholders under the conditions provided for by the regulations in force.

RALLYE S.A.: Appeal against the decision of the Sanctions Commission of the French Financial Market Authority

Retrieved on:

Saturday, December 30, 2023

Rallying, AMF

Dissemination of a French Regulatory News, transmitted by EQS Group.

Key Points:

Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Paris, 13 December 2023 – Rallye announces that the Paris Court of Appeal has today ordered the stay of execution of the decision of the Sanctions Commission of the French Financial Market Authority (Autorité des marchés financiers) (AMF) dated 7 September 2023 until the Court of Appeal rules on the merits of the appeal filed by Rallye against that decision.

RALLYE S.A.: Opening of ad hoc proceedings

Retrieved on:

Thursday, October 26, 2023

Commercial Court, Rallying, Groupe Casino

Rallye, Foncière Euris, Finatis and Euris announce that they have applied for and obtained today from the President of the Commercial Court of Paris the opening of ad hoc mandate proceedings to their benefit under the aegis of SELAFA MJA (Me Valérie Leloup-Thomas) and SELARL Fides (Me Bernard Corre), for a period of 6 months, for the purpose of:

Key Points:

Rallye, Foncière Euris, Finatis and Euris announce that they have applied for and obtained today from the President of the Commercial Court of Paris the opening of ad hoc mandate proceedings to their benefit under the aegis of SELAFA MJA (Me Valérie Leloup-Thomas) and SELARL Fides (Me Bernard Corre), for a period of 6 months, for the purpose of:
for Rallye to support its subsidiary Casino in accordance with its press release dated 18 October 2023 and to draw the appropriate conclusions in due course from the effective completion of Casino's ongoing financial restructuring, in particular with regard to its safeguard plan; and
for Foncière Euris, Finatis and Euris to draw the appropriate conclusions in due course from the effective completion of Casino's ongoing financial restructuring, in particular with regard to their safeguard plans.

RALLYE S.A.: Financial restructuring of Casino

Retrieved on:

Thursday, October 26, 2023

Regulatory News Service, FIMALAC, Consortium, Groupe Casino, Safeguarding (planning law), Security (finance), Rallying

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
Rallye acknowledges the terms of Casino’s financial restructuring, and in particular the equity contribution from the Consortium and certain creditors, the equitization of all of Casino Group's unsecured debt and the equitization of part of its secured debt, as well as the massive dilution of Casino shareholders that would result, with Rallye consequently losing control of Casino.
Rallye intends to preserve its main assets in accordance with its corporate interest and thus provide its support as Casino's controlling shareholder so that Casino's restructuring can be successfully implemented in accordance with the Lock-up Agreement.
The conciliation proceedings (procédure de conciliation) opened on 19 May 2023 in respect of Rallye will expire on 19 October 2023 and Rallye will remain subject to the undertakings of its Safeguard Plan.

RALLYE S.A.: Extension of conciliation proceedings

Retrieved on:

Monday, September 25, 2023

Rare-earth element, Airline, Groupe Casino, Rallying

Paris, 19 September 2023, Rallye, Foncière Euris, Finatis and Euris announce that they have requested and obtained a one-month extension of the conciliation proceedings until 19 October 2023.

Key Points:

Paris, 19 September 2023, Rallye, Foncière Euris, Finatis and Euris announce that they have requested and obtained a one-month extension of the conciliation proceedings until 19 October 2023.

RALLYE S.A.: Appeal against the decision of the Sanctions Commission of the French Financial Market Authority

Retrieved on:

Monday, September 25, 2023

Regulatory News Service, AMF, Financial Market Authority (Liechtenstein), Rallying, Cryptocurrency

Dissemination of a French Regulatory News, transmitted by EQS Group.

Key Points:

Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Paris, 18 September 2023 – Rallye announces that it has filed an appeal against the decision of the Sanctions Commission of the French Financial Market Authority (Autorité des marchés financiers) (AMF) dated 7 September 2023.