Company: BDRX
Filing Date: 2025-04-11
Form Type: 20-F
Source: 0001214659-25-005742
Chunk: 12

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-04-11
Form: 20-F
Item: Item 12
Chunk 12
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ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES.

  Debt Securities  

Not applicable.

  Warrants and Rights  

Not applicable.

  Other Securities  

Not applicable.

  American Depositary Shares  

JPMorgan Chase Bank, N. A.,
or the Depositary, has acted as depositary in relation to our Depositary Shares program since December 18, 2023. The principal executive
office of the Depositary is located at 383 Madison Avenue, Floor 11, New York, New York 10179. Each Depositary Share will also represent
any other securities, cash or other property which may be held by the Depositary from time to time. The deposited Ordinary Shares, together
with any other securities, cash or other property held by the depositary are referred to as the “deposited securities.”

Fees and Expenses

The depositary may charge
each person to whom Depositary Shares are issued, including, without limitation, issuances against deposits of Ordinary Shares, issuances
in respect of share distributions, rights and other distributions, issuances pursuant to a stock dividend or stock split declared by us
or issuances pursuant to a merger, exchange of securities or any other transaction or event affecting the Depositary Shares or deposited
securities, and each person surrendering Depositary Shares for withdrawal of deposited securities or whose Depositary Shares are cancelled
or reduced for any other reason, a fee of up to $5.00 for each 100 Depositary Shares (or any portion thereof) issued, delivered, reduced,
cancelled or surrendered, or upon which a share distribution or elective distribution is made or offered, as the case may be. The depositary
may sell (by public or private sale) sufficient securities and property received in respect of a share distribution, rights and/or other
distribution prior to such deposit to pay such charge.

The
following additional fees, charges and expenses shall also be incurred by the American depositary receipt, or ADR, holders, the beneficial
owners, by any party depositing or withdrawing Ordinary Shares or by any party surrendering Depositary Shares and/or to whom Depositary
Shares are issued (including, without limitation, issuance pursuant to a stock dividend or stock split declared by us or an exchange of
stock regarding the Depositary Shares or the deposited securities or a distribution of Depositary Shares), whichever is applicable:

  a fee of up to U. S.$0.05 per Depositary Share held for any cash distribution made