Company: BDRX
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001214659-25-016821
Chunk: 130

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: F-1
Chunk 130
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 CONSEQUENCES, INCLUDING, SPECIFICALLY, THE CONSEQUENCES UNDER UNITED KINGDOM TAX LAW AND HMRC PRACTICE OF THE ACQUISITION, OWNERSHIP AND DISPOSAL OF THE ORDINARY SHARES OR DEPOSITARY SHARES, IN THEIR OWN PARTICULAR CIRCUMSTANCES BY CONSULTING THEIR OWN TAX ADVISERS.

Taxation of Dividends

Withholding Tax. The
Company is not required to withhold United Kingdom tax when paying a dividend.

An individual holder of Ordinary
Shares or Depositary Shares who is not a U.K. Holder will not be chargeable to United Kingdom income tax on a dividend paid by the Company,
unless such holder carries on (whether solely or in partnership) a trade, profession or vocation in the United Kingdom 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 income tax on a dividend received from the Company.

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A dividend received by an
individual U.K. Holder will be subject to United Kingdom income tax. The rate of United Kingdom income tax that is chargeable on dividends
received in either the tax year 2024/2025 or the United Kingdom tax year 2025/2026 by an individual U.K. Holder who is (i) an additional
rate taxpayer is 39.35%, (ii) a higher rate taxpayer is 33.75%, and (iii) a basic rate taxpayer is 8.75%. An individual U.K.
Holder may be entitled to a tax-free dividend allowance (in addition to their personal allowance) of £500 for the tax year 2025/2026,
being the amount of dividend income that the relevant individual can receive before United Kingdom income tax is payable. Dividends within
the dividend allowance will still count towards the relevant individual's basic, higher or additional rate bands, however. An individual’s
dividend income is treated as the top slice of their total income that is chargeable to United Kingdom income tax. Dividends which are
covered by an individual’s personal income tax allowance do not count towards and are ignored for the dividend allowance.

Corporation Tax.A
U.K. Holder within the charge to United Kingdom corporation tax may be entitled to exemption from United Kingdom corporation tax in respect
of dividend payments in respect of an Ordinary Share. If the conditions for the exemption are not satisfied