Announcement • Apr 29
Physiomics plc Announces Board Changes, Effective April 29, 2026
Physiomics plc announced that all resolutions put to shareholders at the general meeting, called by Mr. Michael Whitlow, held on 29 April 2026 were passed. As a result, Mr. Michael Whitlow, Mr. Ian Bagnall, and Mr. Nicholas Tulloch have been appointed to the Board. In addition, Dr Peter Sargent, Mr. Shalabh Kumar, and Dr Tim Corn, have been removed from the Board with immediate effect. Mr. Michael Whitlow - Executive Director. Michael Whitlow is an entrepreneur with over 20 years' experience investing in and financing small cap and early-stage companies. Having started his career in the energy industry, Mr. Whitlow has more recently overseen the assembly of a number of resource projects through Axies Ventures Ltd, including operational and corporate developments across the Mediterranean, North America and Australia. Mr. Nicholas Tulloch - Non-Executive Chair. Nicholas Tulloch has advised companies on the UK capital markets for over 20 years, having worked for a number of investment banks and stockbrokers, including Cazenove, Arbuthnot and Cenkos. He previously served as Financial Director and then CEO of Zoetic International plc (now Chill Brands Group plc), overseeing its transition from oil & gas to a CBD-focused quoted business. He subsequently founded Voyager Life plc and, in 2024, led Voyager Life plc's repositioning as Mendell Helium plc. Mr. Tulloch is currently a director of Axies Ventures Ltd. and re-joined Chill Brands Group plc as a non-executive director in 2024. Mr. Tulloch began his career as a solicitor with Gouldens (now part of Jones Day) and holds a Master's degree in law from Oxford University. Mr. Ian Bagnall - Non-Executive Director. Ian Bagnall is a Chartered Accountant with over three decades of experience across corporate finance, operational leadership and investment management. He holds a BSc in Biochemistry and Physiology and qualified as a Chartered Accountant in 1990. Mr. Bagnall has held senior finance roles across a number of businesses, including within the food sector, and later moved into operational leadership, serving as Managing Director of two food processing businesses. He subsequently held an Executive Board role with Pilgrim Foods, where he oversaw the Retail Division and was responsible for strategic development, commercial operations and business performance. Nicholas Tulloch be appointed as a director of the Company with immediate effect. Michael Whitlow be appointed as a director of the Company with immediate effect. Ian Bagnall be appointed as a director of the Company with immediate effect. Conditional on the passing of at least two of Resolutions that Dr Jim Millen be removed from office as a director of the Company with immediate effect. Conditional on the passing of at least two of Resolutions that Shalabh Kumar be removed from office as a director of the Company with immediate effect. Conditional on the passing of at least two of Resolutions that Dr Tim Corn be removed from office as a director of the Company with immediate effect. Conditional on the passing of at least two of Resolutions that Dr Peter Sargent be removed from office as a director of the Company with immediate effect. Nicholas George Selby Tulloch: The directorships and partnerships currently held by Nicholas Tulloch, aged 53, and over the five years preceding the date of his appointment are as follows: Current Directorships: Mendell Helium plc, ECR Minerals plc, M3 Helium Corporation, Heartlands Industries Limited, Fetlar Capital Limited, Axies Ventures Ltd, ECR Minerals (Australia) Pty Ltd, ECR Minerals (Queensland) Pty Ltd, ECR Digital Limited, Mendell Digital LLC, ECR Minerals (Raglan) Pty Ltd. Past Directorships/Partnerships (within the last five years): Orsus Therapeutics PLC, Voyager Cann Limited, Orsus Labs Limited, Amphora Health Ltd, DG Innovate plc, U4EA plc, Chill Brands Group plc. Nicholas Tulloch was a director between 10 April 2021 and 29 August 2024 at DG Innovate plc which appointed liquidators on 30 April 2025. Michael Whitlow: The directorships and partnerships currently held by Michael Whitlow, aged 47, and over the five years preceding the date of his appointment are as follows: Current Directorships: Volant Services (VSL) Limited, Axies Ventures Ltd, Holding365 Ltd. Past Directorships/Partnerships (within the last five years): ECR Minerals plc. Ian Russell Bagnall: The directorships and partnerships currently held by Ian Bagnall, aged 61, and over the five years preceding the date of his appointment are as follows: Current Directorships: The Maplesden Noakes School. Past Directorships (within the last 5 years): Izzy Bizzy Ltd.
