Company: BDRX
Filing Date: 2025-05-08
Form Type: POS AM
Source: 0001214659-25-007201
Chunk: 66

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-08
Form: POS AM
Chunk 66
---
ary’s office, or when you provide proper instructions and documentation in the case of direct registration Depositary
Shares, subject to the provisions of or governing our Ordinary Shares (including, without limitation, our governing documents and all
applicable laws, rules and regulations), the depositary will, upon payment of certain applicable fees, charges and taxes, deliver the
underlying Ordinary Shares to you or upon your written order. Delivery of deposited securities in certificated form will be made at the
custodian’s office (or from the custodian to the extent dematerialized). At your risk, expense and request, the depositary may deliver
deposited securities (including any certificates therefor) at such other place as you may request.

The depositary may only restrict the withdrawal
of deposited securities in connection with:

| · | temporary delays caused by closing our transfer books or those of the depositary or the deposit of Ordinary 
 Shares in connection with voting at a shareholders’ meeting, or the payment of dividends;                   |

| 47 |

| · | the payment of fees, taxes and similar charges; or |

| · | compliance with any U.S. or foreign laws or governmental regulations relating to the ADRs or to the withdrawal 
 of deposited securities.                                                                                       |

This right of withdrawal may not be limited
by any other provision of the Deposit Agreement.

Record Dates

The depositary may, after consultation with
us if practicable, fix record dates (which, to the extent applicable, shall be as near as practicable to any corresponding record dates
set by us) for the determination of the registered ADR holders who will be entitled (or obligated, as the case may be):

| · | to receive any distribution on or in respect of deposited securities, |

| · | to give instructions for the exercise of voting rights, |

| · | to pay any fees assessed by, or owing to, the depositary for administration of the ADR program and for 
 any expenses as provided for in the ADR, or                                                            |

| · | to receive any notice or to act or be obligated in respect of other matters, all subject to the provisions 
 of the Deposit Agreement.                                                                                  |

Voting Rights

How do I vote?

If you are an ADR holder and the depositary
asks you to provide it with voting instructions, you may instruct the depositary how to exercise the voting rights for the Ordinary Shares
which underlie your Depositary Shares. As soon as practicable after receipt from us