Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007340
Chunk: 92

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 92
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 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, 2024 is taxed at the rate of 24%. Where
a U.K. Holder’s total taxable income is within or less than the basic rate income tax band, any taxable capital gain accruing on
a disposal of our Ordinary Shares or Depositary Shares on or after October 30, 2024 may be taxed at the rate of 18% or the rate of 24%
or at a combination of both rates.

An
individual U.K. Holder who ceases to be resident in the United Kingdom (or who fails to be regarded as resident in a territory outside
the United Kingdom for the purposes of double taxation relief) for a period of less than five calendar years and who disposes of Ordinary
Shares or Depositary Shares during that period of temporary non-United Kingdom residence may be liable to United Kingdom