Company: BDRX
Filing Date: 2025-11-17
Form Type: POS AM
Source: 0001214659-25-016809
Chunk: 51

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: POS AM
Chunk 51
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 takeover offer for those of the Company’s shares which confer voting rights.

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Variation of Rights

Whenever our share capital is divided into different classes of shares, all or any of the rights attached to any class may be varied or abrogated in such manner (if any) as may be provided by those rights or (in the absence of any such provision) either with the consent in writing of the holders of at least 75% of the issued shares of that class or with the authority of a special resolution passed at a separate general meeting of the holders of the shares of that class.

Alteration of Share Capital and Repurchases

Subject to the provisions of the Companies
Act, and without prejudice to any relevant special rights attached to any class of shares, we may by ordinary resolution, from time to
time:

| · | increase                                                                              
 our share capital by allotting and issuing new shares in accordance with our articles 
 of association and any relevant shareholder resolution;                               |

| · | consolidate all or any of our share capital into shares of a larger 
 nominal amount (i.e., par value) than the existing shares;          |

| · | subdivide any of our shares into shares of a smaller nominal amount 
 (i.e., par value) than our existing shares; or                      |

| · | redenominate our share capital or any class of share capital. |

Preemptive Rights and New Issuance of Shares

Under the Companies Act, the issuance of
equity securities (except shares held under an employees’ share scheme) that are to be paid for wholly in cash must be offered first
to the existing holders of equity securities in proportion to the respective nominal amounts
(i.e., par values) of their holdings on the same or more favorable terms, unless a special resolution to the contrary has been passed
or the articles of association otherwise provide an exclusion from this requirement (which exclusion can be for a maximum of five years
after which our shareholders’ approval would be required to renew the exclusion). In this context, “equity securities”
means ordinary shares (and would exclude shares that, with respect to dividends or capital, carry a right to participate only up to a
specified amount in a distribution), and any and all rights to subscribe for or convert securities into such ordinary shares. This differs
from U.S. law, under which shareholders generally do not have pre-emptive rights unless specifically granted in the certificate of incorporation
or otherwise.

The Board seeks general authority to
all