Company: BDRX
Filing Date: 2025-05-01
Form Type: DRS
Source: 0001214659-25-006756
Chunk: 126

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-01
Form: DRS
Chunk 126
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 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 after 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 capital gains tax on a chargeable
gain accruing on such disposal on his or her return to the United Kingdom (or upon ceasing to be regarded as resident outside the United
Kingdom for the purposes of double taxation relief) (subject to available exemptions or reliefs).

A disposal (or
deemed disposal) of Ordinary Shares or Depositary Shares by a corporate U.K. Holder may give rise to a chargeable gain or an allowable
loss for such holder for the purpose of United Kingdom corporation tax.

Any gain or loss
in respect of currency fluctuations over the period of holding Ordinary Shares or Depositary Shares is also brought into account on a
disposal.

Non-U.K. Holders.
An individual holder who is not a U.K. Holder will not be liable to United Kingdom capital gains tax on capital gains realized on the
disposal of Ordinary Shares or Depositary Shares unless such holder carries on (whether solely or in partnership) a trade, profession
or