Company: BDRX
Filing Date: 2025-05-01
Form Type: DRS
Source: 0001214659-25-006756
Chunk: 119

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-01
Form: DRS
Chunk 119
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 which currently may include, subject to the
granting of an appropriate order by the court, the withdrawal of the voting rights of such Ordinary Shares and the imposition of restrictions
on the rights to receive dividends on and to transfer such Ordinary Shares. In addition, each ADR holder agrees to comply with the provisions
of the Disclosure Guidance and Transparency Rules published by the United Kingdom Financial Conduct Authority (as amended from time to
time) with regard to the notification to the Company of interests in Ordinary Shares underlying Depositary Shares and certain financial
instruments, which currently provide, inter alia,that an ADR holder must notify the Company of the percentage of its voting rights
he holds as a shareholder or holds or is deemed to hold through his direct or indirect holding of certain financial instruments (or a
combination of such holdings) if the percentage of those voting rights reaches, exceeds or falls below specified thresholds.

Books of Depositary

The depositary or its agent will maintain
a register for the registration, registration of transfer, combination and split-up of ADRs, which register shall include the depositary’s
direct registration system. Registered holders of ADRs may inspect such records at the depositary’s office at all reasonable times,
but solely for the purpose of communicating with other ADR holders in the interest of the business of our Company or a matter relating
to the Deposit Agreement. Such register (and/or any portion thereof) may be closed at any time or from time to time, when deemed expedient
by the depositary.

The depositary will maintain facilities for the delivery and
receipt of ADRs.

Appointment

In the Deposit Agreement, each registered
holder of ADRs and each beneficial owner, upon acceptance of any Depositary Shares or ADRs (or any interest in any of them) issued in
accordance with the terms and conditions of the Deposit Agreement will be deemed for all purposes to:

| · | be a party to and bound by the terms of the Deposit Agreement and the applicable ADR or ADRs, |

| · | appoint the depositary its attorney-in-fact, with full power to delegate, to act on its behalf and to                                      
 take any and all actions contemplated in the Deposit Agreement and the applicable ADR or ADRs, to adopt any and all procedures necessary   
 to comply with applicable laws and to take such action as the depositary in its sole discretion may deem necessary or appropriate to carry 
 out the purposes of the Deposit Agreement and the applicable A