Company: BDRX
Filing Date: 2025-11-17
Form Type: POS AM
Source: 0001214659-25-016826
Chunk: 63

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: POS AM
Chunk 63
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 from sales     
 in respect of any deposited securities an amount on account of taxes, the amount distributed    
 on the Depositary Shares issued in respect of such deposited securities shall be reduced        
 accordingly. To the extent the depositary determines in its discretion that it would not        
 be permitted by applicable law, rule or regulation, or it would not otherwise be practicable,   
 to convert foreign currency into U.S. dollars and distribute such U.S. dollars to some or       
 all of the ADR holders entitled thereto, the depositary may in its discretion distribute        
 some or all of the foreign currency received by the depositary as it deems permissible and      
 practicable to, or retain and hold such foreign currency uninvested and without liability       
 for interest thereon for the respective accounts of, the ADR holders entitled to receive        
 the same. To the extent the depositary retains and holds any cash, foreign currency, securities 
 or other property as permitted under the Deposit Agreement, any and all fees, charges and       
 expenses related to, or arising from, the holding thereof shall be paid from such cash, foreign 
 currency, securities or other property, or the net proceeds from the sale thereof, thereby      
 reducing the amount so held. If exchange rates fluctuate during a time when the depositary      
 cannot convert a foreign currency, you may lose some or all of the value of the distribution.   |

| · | Shares. In the case of a distribution in Ordinary Shares, the depositary will issue additional                                                
 ADRs to evidence the number of Depositary Shares representing such Ordinary Shares. Only whole Depositary Shares will be issued. Any Ordinary 
 Shares that would result in fractional Depositary Shares will be sold and the net proceeds of the public or private sales of such will        
 be distributed in the same manner as cash to the ADR holders entitled thereto.                                                                |

| 35 |

| · | Rights to receive additional Ordinary Shares. In the case of a distribution of rights to subscribe                                           
 for additional Ordinary Shares or other rights, if we timely provide evidence satisfactory to the depositary that it may lawfully distribute 
 such rights, the depositary will distribute warrants or other instruments in the discretion of the depositary representing such rights.      
 However, if we do not timely furnish such evidence, the depositary may:                                                                      |

| (i) | sell such rights if practicable and distribute the net proceeds of the public or private sales of such 
 rights in the same manner as cash to the ADR holders entitled thereto;