Top 5 Most Read RNS's on Vox Markets for Tuesday 18th April 2023
Episode 1335, Apr 18, 2023, 07:04 AM
Top 5 Most Read RNS's on Vox Markets for Tuesday 18th April 2023
5. Cineworld Group #CINE - Chapter 11 Update
Cineworld announces that, in agreement with its key stakeholders, the Group has decided to terminate the marketing process for its 'Rest of World' business. The Group received proposals for the RoW Business from a number of prospective counterparties, however the proposals did not meet the value level required by the Group's lenders.
4. N4 Pharma #NP4 - siRNA update
The Company has completed the single loading of both the EGFR and BCL-2 siRNA nucleotides onto Nuvec and has produced good monodisperse formulations at all doses to be investigated.
The single loaded EGFR siRNA has shown strong silencing of the EGFR gene with a good dose response curve established which has allowed the Company to identify the dose it can take into the single loaded EGFR in vivo study.
The next step for EGFR is to measure cell apoptosis to show a relevant in vitro clinical effect.
3. IOG PLC #IOG - Drilling Update
The H2 well was successfully drilled to the Basal Zechstein sequence. However, while drilling through the Hauptdolomit formation within the Zechstein, an abnormally pressured gas and oil influx was encountered, with associated drilling fluid losses. The risk of such a well control challenge was identified during planning and is being safely managed by Petrofac and Shelf, in collaboration with the IOG team. However, this now looks likely to impact the expected well duration, potentially by up to four weeks, while the associated cost impact will depend largely on the speed of resolution.
2. THG PLC #THG - FY2022 preliminary results & Q12023 trading update
Group revenues increased 2.7% to £2,239.2m (FY 2021: £2,179.9m), culminating in 2-year total sales growth of 38.8%.
Operating loss of £495.6m, impacted by the non-cash impairment of £275.4m, in addition to certain non-recurring costs which continue to reduce.
FY 2023 revenue and adjusted EBITDA expected to be in line with Company consensus. Reiterate Group's expectation of being free cash flow neutral in FY 2023
1. Angus Energy #ANGS - Saltfleetby Sidetrack Well Test Results
Based on the results we have concluded that at present, the well is capable of 4-5 mmscfd (Million standard cubic feet per day) at a FWHP of 30 barg flowing into the system with the two other wells.
We are expecting the well to clean up further which is likely to raise that flow rate in the future. Whilst producing through a temporary connection, the new well flowline will be constructed to enable full plateau production this summer.
5. Cineworld Group #CINE - Chapter 11 Update
Cineworld announces that, in agreement with its key stakeholders, the Group has decided to terminate the marketing process for its 'Rest of World' business. The Group received proposals for the RoW Business from a number of prospective counterparties, however the proposals did not meet the value level required by the Group's lenders.
4. N4 Pharma #NP4 - siRNA update
The Company has completed the single loading of both the EGFR and BCL-2 siRNA nucleotides onto Nuvec and has produced good monodisperse formulations at all doses to be investigated.
The single loaded EGFR siRNA has shown strong silencing of the EGFR gene with a good dose response curve established which has allowed the Company to identify the dose it can take into the single loaded EGFR in vivo study.
The next step for EGFR is to measure cell apoptosis to show a relevant in vitro clinical effect.
3. IOG PLC #IOG - Drilling Update
The H2 well was successfully drilled to the Basal Zechstein sequence. However, while drilling through the Hauptdolomit formation within the Zechstein, an abnormally pressured gas and oil influx was encountered, with associated drilling fluid losses. The risk of such a well control challenge was identified during planning and is being safely managed by Petrofac and Shelf, in collaboration with the IOG team. However, this now looks likely to impact the expected well duration, potentially by up to four weeks, while the associated cost impact will depend largely on the speed of resolution.
2. THG PLC #THG - FY2022 preliminary results & Q12023 trading update
Group revenues increased 2.7% to £2,239.2m (FY 2021: £2,179.9m), culminating in 2-year total sales growth of 38.8%.
Operating loss of £495.6m, impacted by the non-cash impairment of £275.4m, in addition to certain non-recurring costs which continue to reduce.
FY 2023 revenue and adjusted EBITDA expected to be in line with Company consensus. Reiterate Group's expectation of being free cash flow neutral in FY 2023
1. Angus Energy #ANGS - Saltfleetby Sidetrack Well Test Results
Based on the results we have concluded that at present, the well is capable of 4-5 mmscfd (Million standard cubic feet per day) at a FWHP of 30 barg flowing into the system with the two other wells.
We are expecting the well to clean up further which is likely to raise that flow rate in the future. Whilst producing through a temporary connection, the new well flowline will be constructed to enable full plateau production this summer.