Company: BDRX
Filing Date: 2025-04-29
Form Type: POS AM
Source: 0001214659-25-006581
Chunk: 106

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-04-29
Form: POS AM
Chunk 106
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4 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).

| 67 |

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 vocation in the U.K. through a branch or agency in the United Kingdom to which the Ordinary Shares or Depositary Shares are attributable.
In these circumstances, such holder may, depending on his or her individual circumstances, be chargeable to United Kingdom capital gains
tax on chargeable gains arising from a disposal of his or her Ordinary Shares or Depositary Shares.

A
corporate holder of Ordinary Shares or Depositary Shares that is not a U.K. Holder will not be liable for United Kingdom corporation tax
on chargeable gains realized on the disposal of Ordinary Shares or Depositary Shares unless it carries on a trade in the United Kingdom
through a permanent establishment to which the Ordinary Shares or Depositary Shares are attributable.