Business
Cancellation of General Meeting
Physiomics Plc has cancelled its General Meeting scheduled for April 7, 2026, as the previously proposed placing to raise approximately £500,000 at 0.3 pence per share has been superseded by a revised placing and retail offer completed on March 17, 2026, at an increased price of 0.4 pence per share. The resolutions intended for the General Meeting are no longer relevant due to the change in the placing terms. Shareholders are advised that any proxy appointments submitted for the cancelled meeting are invalid and no action is required from them. Disclaimer*
About this update from Physiomics Plc
[{"type":"text","content":"\n\nUnless otherwise defined herein, the capitalised terms used in this announcement have the same meaning as those used in the Company's announcements released on 10 March 2026.\n \n20 March 2026\n \nPhysiomics Plc\n(\"Physiomics\" or the \"Company\")\n \nCancellation of General Meeting\n \nPhysiomics plc (AIM: PYC), a leading mathematical modelling, data science and biostatistics company supporting the development of new therapeutics and personalised medicine solutions, announces that the General Meeting previously scheduled to convene at 10:00 a.m. on Tuesday 7 April 2026 at the Copthorne Hotel Slough-Windsor, Cippenham Lane, Slough, Berkshire, SL1 2YE will no longer take place.\n \nReason for cancellation \n \nThe Company's Board has concluded that it is unnecessary to proceed with the General Meeting on 7 April 2026 for the following reasons:\n \n· on 10 March 2026, the Company announced a proposed placing and retail offer (the \"Placing\") to raise up to approximately £500,000 at a placing price of 0.3 pence per share, conditional upon the passing of certain resolutions at the General Meeting scheduled for 7 April 2026;\n \n· following a review by the Board of the terms and structure of that placing the Company cancelled the Placing and completed (subject to Admission only) a revised placing and retail offer at an increased placing price of 0.4 pence per share (the \"Revised Placing\"), as announced on 17 March 2026; and\n \n· the resolutions that were to be proposed at the General Meeting on 7 April 2026 are no longer appropriate, as they were drafted to reflect the terms of the original Placing at 0.3 pence per share.\n \nThe Board believes that the Revised Placing is in the best interests of the Company and its shareholders as a whole.\n \nExisting proxy appointments\n \nAny proxy appointments that you have already submitted in respect of the General Meeting scheduled for 7 April 2026 will not be valid.\n \nNo action required\n \nYou do not need to take any action at this stage.\n \nYou should not attend at the Copthorne Hotel Slough-Windsor on 7 April 2026, as no meeting will be held on that date.\n \n \nFurther Information\n \nIf you have any questions about this cancella...