Laytons ETL’s Equity Capital Markets team advised AIM-quoted United Oil & Gas Plc (the Company), the oil and gas company with a high impact exploration asset in Jamaica and development asset in the UK, on their recent oversubscribed fundraising of £2.33 million for the proposed issue of a total of 1,552,532,979 of new ordinary shares (the Fundraising).
Our HR Community Network is designed to foster connection, collaboration and knowledge-sharing among local HR professionals. It offers a relaxed space to explore key HR topics, especially around employment and immigration law, and to support each other through shared experience, knowledge and insights.
Laytons ETL’s Equity Capital Markets team advised AIM-quoted Invinity Energy Systems Plc (IES), in relation to a conditional fundraising of £25 million (before expenses). IES entered into conditional subscription agreements with two new investors, Atri Energy Transition Private Limited (“Atri”) and Next Gen Mobility Limited (“Next Gen”).
The English Devolution and Community Empowerment Bill (“the Bill”) was submitted to Parliament on 10th July 2025. While the Bill is largely geared towards the devolution of powers from Westminster to local authorities, Schedule 31 of the Bill introduces a surprise ban on Upwards Only Rent Review (“UORR”) clauses in commercial leases in England and Wales.
From 6th April 2025, the UK abandoned the traditional concept of domicile for inheritance tax (IHT) purposes. Instead, it hinges on whether someone is a long-term UK resident. Under this new regime, an individual is deemed a long-term UK resident if they have been tax-resident in the UK for at least 10 of the preceding 20 tax years.
