Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007341
Chunk: 57

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 57
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 Securities, Sales

How will I receive dividends and other distributions on the Ordinary Shares underlying my Depositary Shares?

We may make various types of distributions
with respect to our securities. The depositary has agreed that, to the extent practicable, it will pay to you the cash dividends or other
distributions it or the custodian receives on Ordinary Shares or other deposited securities, after converting any cash received into U.S.
dollars (if it determines such conversion may be made on a reasonable basis) and, in all cases, making any necessary deductions provided
for in the Deposit Agreement. The depositary may utilize a division, branch or affiliate of JPMorgan Chase Bank, N.A. to direct, manage
and/or execute any public and/or private sale of securities and/or property under the Deposit Agreement. Such division, branch and/or
affiliate may charge the depositary a fee in connection with such sales, which fee is considered an expense of the depositary chargeable
to holders of Depositary Shares. All sales of securities will be handled by the depositary in accordance with its then current policies.
You will receive these distributions in proportion to the number of underlying securities that your Depositary Shares represent. In all
instances where the Deposit Agreement or an ADR refers to a “sale” (or words of similar import) of securities or property,
the depositary may, but shall not be obligated, to effect any such sale unless the securities to be sold are listed and publicly traded
on a securities exchange or there is a public market for the property to be sold. To the extent the securities are not so listed and publicly
traded or there is no public market for the property so distributed by us: (i) the depositary shall, in the event the Deposit Agreement
is terminated and the depositary holds deposited securities that are not listed and publicly traded after the termination date of the
Deposit Agreement, act in accordance with the termination provisions of the Deposit Agreement and form of ADR in respect of such securities
and property; and (ii) in the event the depositary or its custodian receives a distribution other than cash, our Ordinary Shares and/or
rights to acquire our Ordinary Shares, and such distribution consists of securities or property that are not distributed by the depositary
the depositary will be deemed to have sold the aggregate number of securities and/or property so received for nominal value and shall
have no obligation to distribute such securities or any proceeds from the deemed sale thereof to the ADR holders. Furthermore,