Company: BDRX
Filing Date: 2025-06-13
Form Type: 424B3
Source: 0001214659-25-009214
Chunk: 23

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-06-13
Form: 424B3
Chunk 23
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, shall register the transfer in accordance with the relevant Operator instruction, but   
 so that the Company may refuse to register such a transfer in any circumstance permitted by the Uncertificated Securities Regulations.    |

| 35.3 | If the Board refuses to register any such transfer or renunciation the Company shall, within two (2) months                               
 after the date on which the instruction relating to such transfer or renunciation was received by the Company, send notice of the refusal 
 to the transferee or renouncee.                                                                                                           |

| 36 | RENUNCIATION OF ALLOTMENTS |

The Board may, at its discretion, recognise
and give effect to a renunciation of the allotment of any share by the allottee in favour of some other person.

| 37 | NO FEE ON REGISTRATION |

No fee shall be charged for the registration
of a transfer of a share or the renunciation of a renounceable letter of allotment or other document relating to or affecting the title
to any share or for making any other entry in the Register of Members.

<div align='center'>TRANSMISSION OF SHARES</div>

| 38 | ON DEATH |

If a member dies, the survivors or
survivor where he was a joint holder, or his personal representatives where he was the sole or only surviving holder, shall be the only
persons recognised by the Company as having any title to his shares. Nothing in these Articles shall release the estate of a deceased
holder from any liability in respect of a share which has been held by him solely or jointly.

| 39 | ELECTION OF PERSON ENTITLED BY TRANSMISSION |

| 39.1 | A person becoming entitled to a share in consequence of the death or bankruptcy of a member, or of any                                      
 other event giving rise to a transmission of such entitlement by operation of law (an "entitled person"), may, on such                      
 evidence as to his title being produced as the Board may require, elect either to become registered as the holder of such share or to       
 have some person nominated by him so registered. If he elects to be registered himself, he shall give notice to the Company to that effect. 
 If he elects to have some other person registered, he shall:                                                                                |

| 20 |

| (A) | in the case of a certificated share, execute an instrument of transfer of such share to such person; and |

| (B) | in the case of