Company: BDRX
Filing Date: 2025-11-24
Form Type: 424B3
Source: 0001214659-25-017136
Chunk: 59

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-24
Form: 424B3
Chunk 59
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 carries 30% or more of the voting rights of our shares; or          |

| · | who, together with persons acting in concert with him, is interested in shares that in the aggregate carry                                 
 not less than 30% and not more than 50% of the voting rights in us, acquires additional interests in shares that increase the percentage   
 of shares carrying voting rights in which that person is interested, the acquirer, and depending on the circumstances, its concert parties 
 would be required (except with the consent of the Panel) to make a cash offer for our outstanding shares at a price not less than the      
 highest price paid for any interests in the shares by the acquirer or its concert parties during the previous 12 months.                   |

Notwithstanding the above, the Company may cease to be subject to the City Code in the future if there are any changes that lead to the Company being deemed to no longer have its place of central management and control in the United Kingdom, Channel Islands or the Isle of Man.

Exchange Controls

There are no governmental laws, decrees,
regulations or other legislation in the United Kingdom that may affect the import or export of capital, including the availability of
cash and cash equivalents for use by us, or that may affect the remittance of dividends, interest, or other payments by us to non-resident
holders of our Ordinary Shares or Depositary Shares, other than withholding tax requirements. There is no limitation imposed by English
law or in the Articles of Association on the right of non-residents to hold or vote shares.

| 35 |

<div align='center'>DESCRIPTION OF AMERICAN DEPOSITARY SHARES</div>

Our Depositary Shares are deposited pursuant to the Second Amended and Restated Deposit Agreement dated December 18, 2023, among the Company, JPMorgan Chase Bank, N.A., as depositary, ands holders and beneficial owners of American Depositary Receipts, or the Deposit Agreement. The depositary registers and delivers the Depositary Shares. Each Depositary Share represents ownership of 100,000 Ordinary Shares that we will deposit with the custodian, as agent of the depositary, under the Deposit Agreement.

The depositary’s office is located at 383 Madison Avenue, Floor 11, New York, NY 10179.

The Depositary
Share-to-share ratio is subject to amendment as provided in the form of American Depositary Receipt, or ADR (which may give rise to fees
contemplated by the form of