Company: BDRX
Filing Date: 2025-11-17
Form Type: POS AM
Source: 0001214659-25-016809
Chunk: 70

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: POS AM
Chunk 70
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, the depositary may in its discretion distribute the foreign
currency received by the depositary to, or hold such foreign currency uninvested and without liability for interest thereon for the respective
accounts of, the ADR holders entitled to receive the same. To the extent the depositary holds such foreign currency, any and all costs
and expenses related to, or arising from, the holding of such foreign currency shall be paid from such foreign currency thereby reducing
the amount so held.

Any U.S. dollars will be paid via wire
transfer and/or distributed by checks drawn on a bank in the United States for whole dollars and cents. Fractional cents will be withheld
without liability and dealt with by the depositary in accordance with its then current practices.

The depositary is not responsible if it fails to determine that any distribution or action is lawful or reasonably practicable.

There can be no assurance that the depositary will be able to convert any currency at a specified exchange rate or sell any property, rights, shares or other securities at a specified price, nor that any of such transactions can be completed within a specified time period. All purchases and sales of securities will be handled by the depositary in accordance with its then current policies, which are currently set forth on the "Disclosures" page (or successor page) of www.adr.com (as updated by the depositary from time to time, “ADR.com”).

Deposit, Withdrawal and Cancellation

How does the depositary issue Depositary Shares?

The depositary will issue Depositary Shares if you or your
broker deposit Ordinary Shares or evidence of rights to receive Ordinary Shares with the custodian and pay the fees and expenses owing
to the depositary in connection with such issuance.

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In connection with the deposit of Ordinary Shares, the depositary
or its custodian may require the following in a form satisfactory to it: (i) a written order directing the depositary to issue to, or
upon the written order of, the person or persons designated in such order Depositary Shares representing such 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
“de