Top 5 Most Read RNS's on Vox Markets for Thursday 12th January 2023

Episode 1119,  Jan 12, 07:51 AM

Top 5 Most Read RNS's on Vox Markets for Thursday 12th January 2023

5. i3 Energy #I3E - February 2023 Dividend Declaration

i3 announces its monthly dividend totalling £2.040 million and confirms the following:

Dividend: 0.171 pence/share with they Ex-Dividend Date of 19th Jan 2023

4. ASOS #ASC - Trading Statement

Revenue down 3%, broadly in line with expectations, reflecting challenging trading conditions and prioritisation of structural profitability improvements and cash generation through a more disciplined approach to capital deployment.

Significant progress made against Driving Change agenda, with profitability measures identified for FY23 in excess of £300m & they expect to generate a modest improvement in full-year profitability (from an expected H1 FY23 loss).

3. United Oil & Gas #UOG - Contingent Resources Report on the Maria Discovery

United Oil & Gas PLC announce the results of an independent contingent resources audit conducted by Gaffney, Cline & Associates Limited on the Maria Discovery, in Licence P2519, located in the UK Central North Sea. United holds a 100% working interest in the licence.

Mid-case 2C gross contingent resources for the Forties and Dornoch reservoirs of the Maria discovery are estimated at 6.3 mmbbls and 23.3Bcf (10.2 mmboe)

2. Landore Resources #LND - Conclusion of Strategic Review and Plans for 2023

As a result of challenging market conditions the Board does not believe that it will be possible to maximise the value of the Company's assets through a corporate transaction at this time.

1. Afentra #AET - Update on the Angolan Acquisitions

Afentra announce that it has received approval from the Ministry of Mineral Resources, Oil and Gas for the acquisition from INA-Industrija of a 4% interest in Block 3/05 and 4% interest in Block 3/05A offshore Angola.

The Company is now working with INA to finalise the formal completion of this acquisition.