Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007341
Chunk: 55

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 55
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 Deposit Agreement solely through the holder of the ADR(s) evidencing the Depositary Shares owned by such
beneficial owner. The arrangements between a beneficial owner and the holder of the corresponding ADRs may affect the beneficial owner’s
ability to exercise any rights it may have.

An ADR holder shall be deemed to have all
requisite authority to act on behalf of any and all beneficial owners of the Depositary Shares evidenced by the ADRs registered in such
ADR holder’s name for all purposes under the Deposit Agreement and ADRs. The depositary’s only notification obligations under
the Deposit Agreement and the ADRs is to registered ADR holders. Notice to an ADR holder shall be deemed, for all purposes of the Deposit
Agreement and the ADRs, to constitute notice to any and all beneficial owners of the Depositary Shares evidenced by such ADR holder’s
ADRs.

Unless certificated ADRs are specifically
requested, all Depositary Shares will be issued on the books of our depositary in book-entry form and periodic statements will be mailed
to you which reflect your ownership interest in such Depositary Shares. In our description, references to American depositary receipts
or ADRs shall include the statements you will receive that reflect your ownership of Depositary Shares.

You may hold Depositary Shares
either directly or indirectly through your broker or other financial institution. If you hold Depositary Shares directly, by having a
Depositary Share registered in your name on the books of the depositary, you are an ADR holder. This description assumes you hold your
Depositary Shares directly. If you hold the Depositary Shares through your broker or financial institution nominee, you must rely on the
procedures of such broker or financial institution to assert the rights of an ADR holder described in this section. You should consult
with your broker or financial institution to find out what those procedures are.

As an ADR holder or beneficial owner, we
will not treat you as a shareholder of ours and you will not have any shareholder rights. The laws of England and Wales govern shareholder
rights. Because the depositary or its nominee will be the shareholder of record for the Ordinary Share represented by all outstanding
Depositary Shares, shareholder rights rest with such record holder. Your rights are those of an ADR holder or of a beneficial owner. Such
rights derive from the terms of the Deposit Agreement to be entered into among us, the depositary and all holders and beneficial owners
from time