Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007341
Chunk: 62

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 62
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 deposited
Shares; (ii) proper endorsements or duly executed instruments of transfer in respect of such deposited Shares; (iii) instruments assigning
to the depositary, its custodian or a nominee of either any distribution on or in respect of such deposited shares or indemnity therefor;
and (iv) proxies entitling the custodian to vote such deposited shares. The deposited Ordinary Shares and any such additional items are
referred to as “deposited securities.” As soon as practicable after the custodian receives deposited securities pursuant to
any such deposit or pursuant to a distribution or change affecting deposited securities, the custodian shall present such deposited securities
for registration of transfer into the name of the depositary, its custodian or a nominee of either, in each case for the benefit of ADR
holders, to the extent such registration is practicable, at the cost and expense of the person making such deposit (or for whose benefit
such deposit is made) and shall obtain evidence satisfactory to it of such registration.

The custodian will hold all deposited securities
for the account and to the order of the depositary, in each case for the benefit of ADR holders, to the extent not prohibited by law.
ADR holders and beneficial owners thus have no direct ownership interest in the Ordinary Shares and only have such rights as are contained
in the Deposit Agreement. The custodian will also hold any additional securities, property and cash received on or in substitution for
the deposited securities.

Deposited securities are not intended to,
and shall not, constitute proprietary assets of the depositary, the custodian or their nominees. Beneficial ownership in deposited securities
is intended to be, and shall at all times during the term of the Deposit Agreement continue to be, vested in the beneficial owners of
the Depositary Shares representing such deposited securities. Notwithstanding anything else contained herein, in the Deposit Agreement,
in the form of ADR and/or in any outstanding Depositary Shares, the depositary, the custodian and their respective nominees are intended
to be, and shall at all times during the term of the Deposit Agreement be, the record holder(s) only of the deposited securities represented
by the Depositary Shares for the benefit of the ADR holders. The depositary, on its own behalf and on behalf of the custodian and their
respective nominees, disclaims any beneficial ownership interest in the deposited securities held on behalf of the ADR holders.

Upon each deposit of Ordinary Shares, receipt
of related delivery documentation and