Rallying

RALLYE S.A.: 2023 first-half results

Retrieved on: 
Thursday, July 27, 2023
Exercise, Court of appeal (France), Bank statement, Court of Appeal of Paris, Risk, Judgement, Paris Commercial Historic District (Paris, Arkansas), Cryptocurrency, Rallying, FIMALAC

The risk factors to which Rallye is exposed are described in detail in the Universal Registration Document for the 2022 financial year, available on the group’s website, and filed with the Autorité des marchés financiers on 18 April 2023 under number D.23-0303.

Key Points: 
  • The risk factors to which Rallye is exposed are described in detail in the Universal Registration Document for the 2022 financial year, available on the group’s website, and filed with the Autorité des marchés financiers on 18 April 2023 under number D.23-0303.
  • In the event that the new money equity offer received by Casino from EPGC, Fimalac and Attestor is implemented, the current shareholders of Casino will be massively diluted and Rallye will no longer control Casino, which would compromise the implementation of Rallye safeguard plan.
  • Following the investigation of the Autorité des marchés financiers (“AMF”) opened in autumn 2018, the Collège de l’AMF requested a €25m sanction against Rallye during the Sanctions Commission held on 7 July 2023.
  • For information, on the basis of the Casino share price of 30 June 2023, i.e.

Crowds at Intersolar Europe Get a Preview of RUNHOOD's New Industry-Changing Home Energy Storage Solution

Retrieved on: 
Thursday, July 6, 2023
Intersolar, USB, Emergency, Rallying, AC, Television, SOCATA Rallye family, Video game, Electric battery, F3600

WALNUT, Calif., July 6, 2023 /PRNewswire/ -- RUNHOOD, the leading manufacturer of portable power products built around swappable battery technology, is taking home energy storage to the next level with a groundbreaking new way to bank power. The company's new F3600 power bank is the latest product to be developed by the challenger brand. Not only does the new F3600 store energy for emergencies at home, it's the only home storage system that can also be taken on the road.

Key Points: 
  • The company's new F3600 power bank is the latest product to be developed by the challenger brand.
  • Not only does the new F3600 store energy for emergencies at home, it's the only home storage system that can also be taken on the road.
  • The defining feature of this innovative product allows consumers to stack multiple units on top of each other to stockpile power at home.
  • Users can stack the F3600 with up to six more batteries for home use, allowing storage of more than 25 KWh of power.

RALLYE S.A.: Agreement with all Rallye’s creditors benefiting from a trust (fiducie-sûreté) on Casino’s securities

Retrieved on: 
Saturday, June 17, 2023
Acceleration, Person, Prejudice, Regulatory News Service, Commercial Court, Trust, Sale, Security (finance), Rallying

Paris, on 16 June 2023 – Further to its press releases of 25 April 2023 and 22 May 2023, Rallye has reached an agreement, under the aegis of the conciliators (conciliateurs), with all its creditors benefiting from a trust (fiducie-sûreté) on Casino’s securities [1] .

Key Points: 
  • Paris, on 16 June 2023 – Further to its press releases of 25 April 2023 and 22 May 2023, Rallye has reached an agreement, under the aegis of the conciliators (conciliateurs), with all its creditors benefiting from a trust (fiducie-sûreté) on Casino’s securities [1] .
  • The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations.
  • [1] Casino’s securities representing 11.7% of Casino’s share capital have been placed in trust (fiducie-sûreté) by Rallye for the benefit of some of the creditors, including Fimalac (cf.
  • the breakdown of Rallye's financial debt on page 23 of the 2022 Universal Registration Document, in French).

RALLYE S.A.: Rallye announces a change in its Executive Management

Retrieved on: 
Thursday, June 15, 2023
Auditor, Credit analyst, EDHEC, Regulatory News Service, KPMG, Compensated emancipation, Management, Rallying, Groupe Casino

Paris, 12 June 2023 – Rallye announces that Mr. Alexis Ravalais will be contributing his experience as part of the conciliation proceedings opened in favor of Casino as advisor to Casino’s Chief Executive Officer.

Key Points: 
  • Paris, 12 June 2023 – Rallye announces that Mr. Alexis Ravalais will be contributing his experience as part of the conciliation proceedings opened in favor of Casino as advisor to Casino’s Chief Executive Officer.
  • The Board of Directors held today, under the chairmanship of Mr. Jean-Charles Naouri, has therefore unanimously appointed, on the recommendation of the Appointments and Compensation Committee, Mr. Franck Hattab as Chief Executive Officer of Rallye in place of Mr. Alexis Ravalais.
  • Also, he was appointed Deputy Chief Executive Officer of Rallye in February 2013, and he was appointed Chief Executive Officer on 3 April 2017 until 29 September 2022.
  • He has been Deputy Chief Executive Officer of Euris since 30 September 2022 and Chief Executive Officer and President of Board of Foncière Euris since 4 November 2022.

Game Changing New Portable Power Station from RUNHOOD Nears Shipment

Retrieved on: 
Wednesday, June 14, 2023
Camping, Kickstarter, USB, AC, Video game, Rallying

WALNUT, Calif., June 14, 2023 /PRNewswire/ -- The groundbreaking RUNHOOD line of modular power banks and solar generators adds its most powerful power station to date with the all new Rallye 1200, shipping later this summer.

Key Points: 
  • WALNUT, Calif., June 14, 2023 /PRNewswire/ -- The groundbreaking RUNHOOD line of modular power banks and solar generators adds its most powerful power station to date with the all new Rallye 1200, shipping later this summer.
  • Like all of RUNHOOD's signature power stations, the Rallye 1200 features a patented modular design and swappable batteries, providing virtually unlimited power capacity.
  • In a crowded marketplace of battery-fueled power stations and solar generators, RUNHOOD stands out with its innovative, award-winning modular design.
  • The entire line, including the all-new Rallye 1200 Power Station, is built around RUNHOOD's exclusive swappable batteries.

Groundbreaking New Feature from RUNHOOD Makes Using Portable Solar Power Easier Than Ever Before

Retrieved on: 
Thursday, June 8, 2023
Kickstarter, Amazon, USB, Pew Research Center, AC, Renewable energy, Video game, Rallying

WALNUT, Calif., June 8, 2023 /PRNewswire/ -- As millions of Americans look to solar power to meet their energy needs, RUNHOOD is adding another exclusive feature to their award-winning lineup that conveniently allows anyone to easily use green energy.

Key Points: 
  • The award-winning design of RUNHOOD's modular solar power generators, banks, and stations has already made solar power surprisingly simple to use.
  • Now, for the first time, RUNHOOD has made it possible to charge power station batteries directly with a portable solar panel.
  • This design difference makes RUNHOOD the easiest-to-use solar power generator available on the market today.
  • 39% of Americans are considering using more solar power, according to Pew Research
    RUNHOOD sets itself apart in a suddenly crowded marketplace of solar generators with its unique, industry-exclusive modular design.

RUNHOOD Powers CPAP Machines for Increasing Number of People Who Suffer from Sleep Apnea

Retrieved on: 
Friday, June 2, 2023
Learning, Bubble CPAP, Sleep apnea, AC, CPAP, Electronics, Video game, Electric motor, Rallying

WALNUT, Calif., June 2, 2023 /PRNewswire/ -- With as many as one in ten people spending their days fatigued from sleep apnea, millions of restless Americans are turning to CPAP machines to get a good night's sleep. But CPAPs only deliver if they have a reliable source of power to keep them running until morning.

Key Points: 
  • But CPAPs only deliver if they have a reliable source of power to keep them running until morning.
  • CPAP users are learning that a RUNHOOD portable power station is a better alternative in many ways than plugging their machine into a wall outlet.
  • RUNHOOD's entire line of modular power stations, generators, and banks runs on clean, swappable batteries.
  • CPAP machines keep humming for hours without worries about blown breakers or power outages.

Opening of conciliation proceedings

Retrieved on: 
Monday, May 22, 2023
Prejudice, Court, Commercial Court, Trust, Commercial code, Security (finance), Groupe Casino, Rallying

As of today, discussions with the holders of Rallye’s debts secured by Casino’s securities placed in trust (fiducie-sûreté) have not been successful yet.

Key Points: 
  • As of today, discussions with the holders of Rallye’s debts secured by Casino’s securities placed in trust (fiducie-sûreté) have not been successful yet.
  • Under these circumstances, the companies have decided to request the opening of a conciliation proceeding to benefit from a more protective legal framework in order to pursue discussions with their creditors.
  • The president of the Paris Commercial Court today opened conciliation proceedings to the benefit of Rallye, Foncière Euris, Finatis and Euris for an initial period of four months, possibly renewable for a further month, and appointed SELAFA MJA (Me Valérie Leloup-Thomas) and SELARL Fides (Me Bernard Corre) as conciliators (conciliateurs) and terminated the ad hoc mandate proceedings opened on 25 April 2023.
  • Without prejudice to the application of Article L.611-16 of the Commercial Code [1] , the conciliation proceeding will allow the companies Rallye, Foncière Euris, Finatis and Euris to request from the Court periods of grace (délais de grâce) pursuant to Article L.611-7 of the Commercial Code in the event that the above-mentioned secured debt holders trigger events of default resulting from the opening of conciliation proceedings with respect to Casino.

Another Record-Breaking Year for Outdoor Vacations Expected as Campgrounds See Unprecedented Rise in Reservations

Retrieved on: 
Wednesday, May 10, 2023
Camping, DYRT-FM, Rallying, AC, Video game, Electric battery

WALNUT, Calif., May 10, 2023 /PRNewswire/ -- The camping boom that exploded during the pandemic shows no signs of slowing down as campgrounds across the nation are seeing reservations for sites fill up faster than ever before.

Key Points: 
  • The annual survey of campers and campground managers found:
    RUNHOOD built its groundbreaking line of modular portable power stations with the outdoor enthusiast in mind.
  • A key design difference sets RUNHOOD apart, making it perfect to bring along on any outdoor adventure.
  • With these external batteries, the RUNHOOD line of power stations virtually never runs out of power and outdoor adventures keep running.
  • Fresh batteries can be swapped out of the power station on-the-go while it continues to run all of your devices and appliances.

RALLYE S.A.: Opening of ad hoc mandate proceedings / Resumption of the listing of securities

Retrieved on: 
Tuesday, April 25, 2023
Commercial Court, Casino, Sale, Trust, Rallying, Groupe Casino

In this context, Rallye and its parent companies indicated that they would liaise with their creditors in order to examine the possibilities and possible ways of adjusting their safeguard plans.

Key Points: 
  • In this context, Rallye and its parent companies indicated that they would liaise with their creditors in order to examine the possibilities and possible ways of adjusting their safeguard plans.
  • The ad hoc mandate procedure is an amicable procedure, with no impact on the safeguard plan or on the rights and obligations of the companies, their shareholders and the creditors of the companies involved.
  • The listing of all securities issued by the companies concerned will resume on 26 April, at market opening.
  • [1] Casino’s shares representing 11.7 % of Casino’s share capital have been placed in trust (fiducie-sûreté) by Rallye for the benefit of certain creditors, including Fimalac (cf.