Company: BDRX
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001214659-25-016821
Chunk: 146

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: F-1
Chunk 146
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istributions on the Depositary Shares and Pre-Funded Warrants”).

Disposition of Foreign Currency

U.S. Holders are urged to consult their tax advisors
regarding the tax consequences of receiving, converting or disposing of any non-U.S. currency received as dividends on our Depositary
Shares, Pre-Funded Warrants, or Series L Warrants or on the sale or retirement of a Depositary Share, Pre-Funded Warrants,
or Series L Warrants.

Tax on Net Investment Income

An additional 3.8% Medicare
tax may be imposed on some or all of such U.S. Holder’s “net investment income.” Net investment income generally includes
income from the Depositary Shares unless such income is derived in the ordinary course of the conduct of a trade or business (other than
a trade or business that consists of certain passive or trading activities). You should consult your tax advisors regarding the effect
this Medicare tax may have, if any, on your acquisition, ownership or disposition of the Depositary Shares, the Pre-Funded Warrants,
and the Series L Warrants.

Information Reporting and Backup Withholding

Distributions with respect
to Depositary Shares or Pre-Funded Warrants and proceeds from the sale, exchange or disposition of Depositary Shares, Pre-Funded Warrants,
or Series L Warrants may be subject to information reporting to the IRS, and possible U.S. backup withholding. Backup withholding will
not apply, however, to a U.S. Holder who furnishes a correct taxpayer identification number and makes any other required certification
or who is otherwise exempt from backup withholding. U.S. Holders who are required to establish their exempt status generally must provide
such certification on U.S. Internal Revenue Service Form W-9. U.S. Holders are urged to consult their tax advisors regarding
the application of the United States information reporting and backup withholding rules.

Backup withholding is not
an additional tax. Amounts withheld as backup withholding may be credited against a U.S. Holder’s United States federal income tax
liability, and a U.S. Holder may obtain a refund of any excess amounts withheld under the backup withholding rules by filing the appropriate
claim for refund with the IRS and furnishing any required information.

Foreign Financial Asset Information Reporting

U.S. Holders who are either
individuals or certain domestic entities may be required to submit certain information to the IRS with respect to such holder’s
beneficial ownership of the Depositary Shares, Pre-Funded Warrants, or Series L