Company: BDRX
Filing Date: 2025-04-29
Form Type: POS AM
Source: 0001214659-25-006581
Chunk: 62

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-04-29
Form: POS AM
Chunk 62
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 of his duties as a director. Any director
who, by request, goes or resides abroad for any purposes required by us or who performs services which in the opinion of the Board of
Directors go beyond the ordinary duties of a director may be paid such extra remuneration as the Board of Directors may determine.

An executive director shall
receive such remuneration as the Board of Directors may determine, and either in addition to or in lieu of his remuneration as a director
as detailed above.

Age Limitations and Share Ownership

We do not have any age limitations
for our directors, nor do we have mandatory retirement as a result of reaching a certain age. Our directors are not required to hold any
shares in the Company.

Borrowing Power

Our directors may exercise
all the powers of the Company to borrow or raise money and mortgage or charge all or any part of our undertaking, property and assets
(present and future), and uncalled capital. Subject to the Companies Act, the directors may also create and issue debentures, other loan
stock and other securities, whether outright or as collateral security for any debt, liability or obligation of the Company or of any
third party. Our directors are required to restrict the borrowings of the Company to ensure that the aggregate principal amount of borrowings
at any one time outstanding and all of its subsidiary undertakings (other than intra-Group borrowing) shall not at any time, without the
previous sanction of an ordinary resolution of the Company, exceed two times the gross asset value of the Company and our subsidiaries.

Liability of Biodexa and its Directors and Officers

Subject to the provisions
on indemnities set out in Companies Act, every director, alternate director or former director (and of any associated company) shall be
entitled to be indemnified out of our assets against all costs and liabilities incurred by him or her in relation to any proceedings or
any regulatory investigation or action which relate to anything done or omitted or alleged to have been done or omitted by him or her
as a director so long as the indemnities do not cover liability for breach of duty to the Company or cover any fine, costs or related
expense in connection with any proceedings for default on the part of the director. Lawful indemnities extend to the provision of funds
to him or her by the Company to meet expenditure incurred or to be incurred by him in defending himself in any proceedings (whether civil
or criminal) or in connection with an application for