Company: BDRX
Filing Date: 2025-01-28
Form Type: 424B3
Source: 0001214659-25-001409
Chunk: 98

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-28
Form: 424B3
Chunk 98
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ated under the laws of England and Wales. The Depositary Shares represent a beneficial ownership interest in our Ordinary Shares.
The rights of holders of Depositary Shares are governed by English law, our constitutional documents, and the deposit agreement pursuant
to which the Depositary Shares are issued. The rights and terms of the Depositary Shares are designed to replicate, to the extent reasonably
practicable, the rights attendant to the Ordinary Shares, for which there is currently no active trading market in the United States.
However, because of aspects of United Kingdom law, our constitutional documents and the terms of the deposit agreement, the rights of
holders of Depositary Shares will not be identical to and, in some respects, may be less favorable than, the rights of holders of Ordinary
Shares.

You may not have the same voting rights as the holders of our Ordinary Shares and may not receive voting materials in time to be able to exercise your right to vote.

Holders of our Depositary
Shares do not have the same rights as shareholders who hold our Ordinary Shares directly and may only exercise their voting rights with
respect to the underlying Ordinary Shares in accordance with the provisions of the deposit agreement. Holders of the Depositary Shares
will appoint the Depositary or its nominee as their representative to exercise the voting rights attaching to the Ordinary Shares represented
by the Depositary Shares. When a general meeting is convened, if you hold Depositary Shares, you may not receive sufficient notice of
a shareholders’ meeting to permit you to withdraw the Ordinary Shares underlying your Depositary Shares to allow you to vote with
respect to any specific matter. Further, we cannot assure purchasers of Depositary Shares that they will receive voting materials in time
to instruct the Depositary to vote, and it is possible that they, or persons who hold their Depositary Shares through brokers, dealers
or other third parties, will not have the opportunity to exercise a right to vote. Furthermore, the Depositary will not be liable for
any failure to carry out any instructions to vote, for the manner in which any vote is cast or for the effect of any such vote. As a result,
purchasers of Depositary Shares may not be able to exercise their right to vote and they may lack recourse if their Depositary Shares
are not voted as they request.

You may not receive distributions on Ordinary Shares represented by Depositary Shares or any value for them if it is illegal or impractical to make them available to holders of Depositary Shares.

The Depositary of the Depositary