Company: BDRX
Filing Date: 2025-01-17
Form Type: F-1
Source: 0001214659-25-000922
Chunk: 278

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-17
Form: F-1
Chunk 278
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 is issued has been so interested,
requiring such person within a reasonable time to disclose to us particulars of that person’s interest and (so far as is within
his knowledge) particulars of any other interest that subsists or subsisted in those shares. The Articles of Association specify that
a response is required from such person within 14 days after service of any such notice.

Under the Articles of Association,
if a person defaults in supplying us with the required particulars in relation to the shares in question, or Default Shares, the directors
may by notice direct that:

| · | in respect of the Default Shares, the relevant member shall not be entitled to attend or vote (either                                     
 in person or by proxy) at any general meeting or of a general meeting of the holders of a class of shares or upon any poll or to exercise 
 any right conferred by the Default Shares; and/or                                                                                         |

| · | where the Default Shares represent at least 0.25% of their class, (a) any dividend (or any part of a dividend)                               
 payable in respect of the Default Shares shall be retained by us without liability to pay interest, (b) the shareholder may not be entitled  
 to elect to receive shares instead of a dividend, and (c) no transfers by the relevant member of any Default Shares may be registered        
 (unless the member himself is not in default and the transfer does not relate to Default Shares, the transfer is exempt or that the transfer 
 is permitted under the U.K. Uncertificated Securities Regulations 2001).                                                                     |

Purchase of Own Shares

Under English law, a limited
company may only purchase or redeem its own shares out of the distributable profits of the company or the proceeds of a fresh issue of
shares made for the purpose of financing the purchase, provided that they are not restricted from doing so by their articles. A limited
company may not purchase or redeem its own shares if, as a result of the purchase, there would no longer be any issued shares of the company
other than redeemable shares or shares held as treasury shares. Shares must be fully paid in order to be repurchased.

| 137 |

Subject to the above, we may
purchase our own shares in the manner prescribed below. We may make a market purchase of our own fully paid shares pursuant to an ordinary
resolution of shareholders. The resolution authorizing the purchase must:

| · | specify the maximum number of shares authorized to be acquired; |

| · | determine the maximum and minimum