Company: BDRX
Filing Date: 2025-04-29
Form Type: POS AM
Source: 0001214659-25-006581
Chunk: 105

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-04-29
Form: POS AM
Chunk 105
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 exemption from United Kingdom corporation tax in respect of dividend payments
in respect of an Ordinary Share. If the conditions for the exemption are not satisfied or such U.K. Holder elects for an otherwise exempt
dividend to be taxable, United Kingdom corporation tax will be chargeable on the dividend. The main rate of corporation tax of 25% applies
to companies with profits in excess of £250,000, with a lower rate of corporation tax of 19% applying to companies with profits
of up to £50,000, and a marginal scaled rate between 19% and 25% applying to companies with profits between £50,000 and £250,000.
If potential investors are in any doubt as to their position, they should consult their own professional advisers.

A corporate holder of Ordinary
Shares or Depositary Shares that is not a U.K. Holder will not be subject to United Kingdom corporation tax on a dividend received from
the company, unless it carries on a trade in the United Kingdom through a permanent establishment to which the Ordinary Shares or Depositary
Shares are attributable. In these circumstances, such holder may, depending on its individual circumstances and if the exemption from
United Kingdom corporation tax discussed above does not apply, be chargeable to United Kingdom corporation tax on dividends received from
the Company.

U.K. Holders. A disposal or deemed disposal of Ordinary Shares or Depositary Shares by an individual U.K. Holder may, depending on his
or her individual circumstances, give rise to a chargeable gain or to an allowable loss for the purpose of United Kingdom capital gains
tax. The principal factors that will determine the capital gains tax position on a disposal of Ordinary Shares or Depositary Shares are
the extent to which the holder realizes any other capital gains in the tax year in which the disposal is made, the extent to which the
holder has incurred capital losses in that or any earlier tax year and the level at which the annual exempt amount for United Kingdom
capital gains tax (the “annual exempt amount”) is set by the United Kingdom government for that tax year. The annual exempt
amount for each of the 2024/2025 and 2025/2026 tax years is £3,000. If, after all allowable deductions, an individual U.K. Holder’s
total taxable income for the relevant tax year exceeds the basic rate income tax band, any taxable capital gain accruing on a disposal
of an Ordinary Share or a Depositary Shares on or after October 30, 202