Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007340
Chunk: 90

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 90
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 an absolute beneficial owner of Ordinary Shares or Depositary Shares and any dividend paid in respect of that Ordinary 
 Share where the dividend is regarded for United Kingdom tax purposes as that person’s own income (and not the income of some other     
 person); and                                                                                                                           |

| · | (a) only addresses the principal United Kingdom tax consequences for an investor who holds Ordinary                                         
 Shares or Depositary Shares as a capital asset, (b) does not address the tax consequences that may be relevant to certain special           
 classes of investor such as a dealer, broker or trader in shares or securities and any other person who holds Ordinary Shares or Depositary 
 Shares otherwise than as an investment, (c) does not address the tax consequences for a holder that is a financial institution, insurance   
 company, collective investment scheme, pension scheme, charity or tax-exempt organization, (d) assumes that a holder is not an officer      
 or employee of the company (nor of any related company) and has not (and is not deemed to have) acquired the Ordinary Shares or Depositary  
 Shares by virtue of an office or employment, and (e) assumes that a holder does not control or hold (and is not deemed to control           
 or hold), either alone or together with one or more associated or connected persons, directly or indirectly (including through the holding  
 of Depositary Shares), an interest of 10% or more in the issued share capital (or in any class thereof), voting power, rights to profits    
 or capital of the company, and is not otherwise connected with the company.                                                                 |

This summary further assumes
that a holder of Depositary Shares is the beneficial owner of the underlying Ordinary Shares for United Kingdom direct tax purposes.

POTENTIAL INVESTORS IN THE DEPOSITARY SHARES SHOULD SATISFY THEMSELVES PRIOR TO INVESTING AS TO THE OVERALL TAX CONSEQUENCES, INCLUDING, SPECIFICALLY, THE CONSEQUENCES UNDER UNITED KINGDOM TAX LAW AND HMRC PRACTICE OF THE ACQUISITION, OWNERSHIP AND DISPOSAL OF THE ORDINARY SHARES OR DEPOSITARY SHARES, IN THEIR OWN PARTICULAR CIRCUMSTANCES BY CONSULTING THEIR OWN TAX ADVISERS.

Taxation of Dividends

Withholding Tax. An
individual holder of Ordinary Shares or Depositary Shares who is not a U.K. Holder will not be chargeable to United Kingdom income tax
on a dividend paid by the Company, unless such holder carries on (whether solely or in partnership) a trade