Company: BDRX
Filing Date: 2025-01-08
Form Type: 424B3
Source: 0001214659-25-000305
Chunk: 74

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-08
Form: 424B3
Chunk 74
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 fractional entitlements, in whole or in                    
 part, or the accrual of the benefit of fractional entitlements to the Company (rather than to the holders concerned); and |

| (F) | the exclusion from any offer of any holders of Ordinary Shares where the Board considers that the making                                 
 of the offer to them would or might involve the contravention of the laws of any territory or that for any other reason the offer should 
 not be made to them.                                                                                                                     |

| 55 |

| 126.5 | The dividend (or that part of the dividend in respect of which a right of election has been offered) shall                               
 not be payable on Ordinary Shares in respect of which a valid election has been made (“the elected Ordinary Shares”).                    
 Instead additional Ordinary Shares shall be allotted to the holders of the elected Ordinary Shares on the basis of allotment determined  
 under this Article 126. For such purpose, the Board may capitalise out of any amount for the time being standing to the credit of any    
 reserve or fund of the Company (including any share premium account, capital redemption reserve and profit and loss account), whether    
 or not available for distribution, a sum equal to the aggregate nominal amount of the additional Ordinary Shares to be allotted on that  
 basis and apply it in paying up in full the appropriate number of unissued Ordinary Shares for allotment and distribution to the holders 
 of the elected Ordinary Shares on that basis.                                                                                            |

| 126.6 | The additional Ordinary Shares, when allotted, shall rank pari passu in all respects with the fully paid                                  
 Ordinary Shares in issue on the record date for the dividend in respect of which the right of election has been offered, except that they 
 will not rank for any dividend or other entitlement which has been declared, paid or made by reference to such record date.               |

| 126.7 | The Board may: |

| (A) | do all acts and things which it considers necessary or expedient to give effect to any such capitalisation,                                        
 and may authorise any person to enter on behalf of all the members interested into an agreement with the Company providing for such capitalisation 
 and incidental matters and any agreement so made shall be binding on all concerned;                                                                |

| (B) | establish and vary a procedure for election mandates in respect of future rights of election and determine                             
 that every duly effected election in respect of any Ordinary Shares shall be binding on every successor in title to the holder of such 
 shares; and                                                                                                                            |

| (