Company: BDRX
Filing Date: 2025-12-08
Form Type: F-1/A
Source: 0001214659-25-017719
Chunk: 128

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-12-08
Form: F-1/A
Chunk 128
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POTENTIAL INVESTORS IN THE ORDINARY SHARES OR DEPOSITARY SHARES SHOULD SATISFY THEMSELVES PRIOR TO INVESTING AS TO THE OVERALL TAX CONSEQUENCES, INCLUDING, SPECIFICALLY, THE CONSEQUENCES UNDER UNITED KINGDOM TAX LAW AND HMRC PRACTICE OF THE ACQUISITION, OWNERSHIP AND DISPOSAL OF THE ORDINARY SHARES OR DEPOSITARY SHARES, IN THEIR OWN PARTICULAR CIRCUMSTANCES BY CONSULTING THEIR OWN TAX ADVISERS.

Taxation of Dividends

Withholding Tax. The
Company is not required to withhold United Kingdom tax when paying a dividend.

An individual holder of Ordinary
Shares or Depositary Shares who is not a U.K. Holder will not be chargeable to United Kingdom income tax on a dividend paid by the Company,
unless such holder carries on (whether solely or in partnership) a trade, profession or vocation in the United Kingdom through a branch
or agency in the United Kingdom to which the Ordinary Shares or Depositary Shares are attributable. In these circumstances, such holder
may, depending on his or her individual circumstances, be chargeable to United Kingdom income tax on a dividend received from the Company.

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A dividend received by an individual U.K. Holder will be subject to
United Kingdom income tax. The rate of United Kingdom income tax that is chargeable on dividends received in the United Kingdom tax year
2025/2026 by an individual U.K. Holder who is (i) an additional rate taxpayer is 39.35%, (ii) a higher rate taxpayer is 33.75%,
and (iii) a basic rate taxpayer is 8.75%. For the United Kingdom tax year 2026/2027, the United Kingdom government has announced
that the applicable rate for a higher rate taxpayer and a basic rate taxpayer will be increased by 2 percentage points (to 35.75% and
10.75%, respectively). An individual U.K. Holder may be entitled to a tax-free dividend allowance (in addition to their personal allowance),
currently of £500 for the tax year 2025/2026 and expected to remain at this level for the tax year 2026/, being the amount of dividend
income that the relevant individual can receive before United Kingdom income tax is payable. Dividends within the dividend allowance will
still count towards the relevant individual's basic, higher or additional rate bands, however. An individual’s dividend income is