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Allego N.V. - $ALLG STOCK NEWS

Welcome to our dedicated page for Allego N.V. news (Ticker: $ALLG), a resource for investors and traders seeking the latest updates and insights on Allego N.V. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Allego N.V.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Allego N.V.'s position in the market.

Rhea-AI Summary
Allego N.V. (NYSE: ALLG) to release Q3 2023 results on November 14, 2023, followed by a conference call at 8:00 AM ET. Access the call at 1-844-826-3033 or 1-412-317-5185 for international callers. Webcast available at https://ir.allego.eu/events-publications. Replay available until November 28, 2023.
Rhea-AI Impact
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Rhea-AI Summary
Allego, a leading pan-European electric vehicle charging network, has signed two power purchase agreements (PPAs) totaling 100 GWh of energy per year with Energy Solutions Group. These PPAs will stabilize Allego's input cost base and minimize the impact of commodity price volatility. The agreements include renewable energy from a solar park and a wind farm, expected to be operational in 2024 and 2025, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
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1.36%
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Rhea-AI Impact
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-1.76%
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partnership
Rhea-AI Summary
Allego completes exchange offer and consent solicitation for outstanding warrants, issuing 2,996,918 Ordinary Shares in exchange. Company will exchange remaining untendered warrants at a ratio of 0.207 Ordinary Shares for each warrant. Warrants to be suspended from trading on NYSE on October 17, 2023, and delisted. Ordinary Shares will continue to trade under symbol ALLG.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.12%
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Rhea-AI Summary
Allego N.V. announces successful expiration of exchange offer and consent solicitation for outstanding warrants. 94.3% of warrants were tendered. Warrant Amendment approved by same percentage. Warrant conversion ratio set at 0.207 Ordinary Shares per warrant. Registration Statement declared effective by SEC. No remaining warrants will be outstanding.
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End-of-Day
5.71%
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Rhea-AI Summary
Allego N.V. extends expiration date for exchange offer and consent solicitation for outstanding warrants. Tendered warrants may be withdrawn before September 28, 2023. Approximately 49.2% of outstanding warrants have been tendered. Warrant Amendment will be adopted if holders of additional 19.6% of warrants consent. BofA Securities, Inc. is the dealer manager for the offer and consent solicitation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.44%
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Rhea-AI Summary
Allego N.V. announces exchange offer and consent solicitation for outstanding warrants to simplify capital structure and reduce dilutive impact, offering 0.23 Ordinary Shares for each Warrant tendered. 30.4% of Warrants already agreed to tender. Offering period until September 22, 2023.
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End-of-Day
-17.67%
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Rhea-AI Summary
Allego N.V. (NYSE: ALLG) revenue climbs 34.6% to €68.2 million in the first half of 2023. Charging revenue up 113.1% to €51.1 million. Net loss decreases to €(38.9) million. Operational EBITDA at €11.7 million. Allego enters long-term agreement with Esso Deutschland worth up to €185 million. Plans to equip 80 OIL! Tank & Go stations in Denmark by Q1 2024.
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-3.37%
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5.11%
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-7.64%
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Allego N.V.

NYSE:ALLG

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