Allego to Postpone Fourth Quarter and Full Year 2023 Financial Results Conference Call
01 Abril 2024 - 5:06PM
Business Wire
Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading
pan-European public electric vehicle fast and ultra-fast charging
network, today announced it will postpone its fourth quarter and
full year 2023 financial results conference call and confirms that
it will provide that information in connection with the filing of
its Form 20-F on or prior to the April 30, 2024 deadline.
Allego had previously announced it would report its financial
results before the market opens on April 2, 2024, with a conference
call taking place at 8:30 a.m. Eastern Time.
About Allego
Allego is a leading provider of electric vehicle charging
solutions, dedicated to accelerating the transition to electric
mobility with 100% renewable energy. Allego has developed a
comprehensive portfolio of innovative charging infrastructure and
proprietary software, including its Allamo and EV Cloud software
platforms. With a network of almost 35,000 charging ports (and
counting) spanning 16 countries, Allego delivers independent,
reliable, and safe charging solutions, agnostic of vehicle model or
network affiliation. Founded in 2013 and publicly listed on the
NYSE in 2022, Allego now employs a team of 220 people striving
every day to make charging accessible, sustainable, and enjoyable
for all.
For more information, please visit www.allego.eu.
Forward-Looking Statements
All statements other than statements of historical facts
contained in this press release are forward-looking statements.
Allego intends such forward-looking statements to be covered by the
safe harbor provisions for forward-looking statements contained in
Section 21E of the Securities Exchange Act of 1934 and the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may generally be identified by the use of words such as
“believe,” “may,” “will,” “estimate,” “continue,” “anticipate,”
“intend,” “expect,” “should,” “would,” “plan,”, “project,”
“forecast,” “predict,” “potential,” “seem,” “seek,” “future,”
“outlook,” “target” or other similar expressions (or the negative
versions of such words or expressions) that predict or indicate
future events or trends or that are not statements of historical
matters. These forward-looking statements include, without
limitation, Allego’s expectations with respect to future
performance. These forward-looking statements involve significant
risks and uncertainties that could cause the actual results to
differ materially, and potentially adversely, from those expressed
or implied in the forward-looking statements. Most of these factors
are outside Allego’s control and are difficult to predict. Factors
that may cause such differences include, but are not limited to:
(i) the ability of the Company to cure the minimum share price
deficiency and regain compliance with NYSE listing standards and
for the Company’s ordinary shares to remain listed on the NYSE,
(ii) changes adversely affecting Allego’s business, (iii) the price
and availability of electricity and other energy sources, (iv) the
risks associated with vulnerability to industry downturns and
regional or national downturns, (v) fluctuations in Allego’s
revenue and operating results, (vi) unfavorable conditions or
further disruptions in the capital and credit markets, (vii)
Allego’s ability to generate cash, service indebtedness and incur
additional indebtedness, (viii) competition from existing and new
competitors, (ix) the growth of the electric vehicle market, (x)
Allego’s ability to integrate any businesses it may acquire, (xi)
the agreement of various landowners to deployment of Allego
charging stations, (xii) Allego’s ability to recruit and retain
experienced personnel, (xiii) risks related to legal proceedings or
claims, including liability claims, (xiv) Allego’s dependence on
third-party contractors to provide various services, (xv) data
security breaches or other network outage, (xvi) Allego’s ability
to obtain additional capital on commercially reasonable terms,
(xvii) Allego’s ability to remediate its material weaknesses in
internal control over financial reporting, (xviii) the impact of
COVID-19, including COVID-19 related supply chain disruptions and
expense increases, (xix) general economic or political conditions,
including the Russia/Ukraine and Israel/Hamas conflicts or
increased trade restrictions between the United States, Russia,
China and other countries, and (xx) other factors detailed under
the section entitled “Risk Factors” in Allego’s filings with the
Securities and Exchange Commission. The foregoing list of factors
is not exclusive. If any of these risks materialize or Allego’s
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There
may be additional risks that Allego presently does not know or that
Allego currently believes are immaterial that could also cause
actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Allego’s expectations, plans or forecasts of future events
and views as of the date of this press release. Allego anticipates
that subsequent events and developments will cause Allego’s
assessments to change. However, while Allego may elect to update
these forward-looking statements at some point in the future,
Allego specifically disclaims any obligation to do so, unless
required by applicable law. These forward-looking statements should
not be relied upon as representing Allego’s assessments as of any
date subsequent to the date of this press release. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
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Allego contacts: Investors investors@allego.eu Media
press@allego.eu
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