Company: BDRX
Filing Date: 2025-12-11
Form Type: F-1/A
Source: 0001214659-25-017944
Chunk: 81

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-12-11
Form: F-1/A
Chunk 81
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 the offeror has acquired or agreed to acquire not less
than 90% in value of the voting shares, and (ii) not less than 90% of the voting rights carried by those shares. The offeror may impose
a time limit on the rights of minority shareholders to be bought out that is not less than three months after the end of the acceptance
period. If a shareholder exercises his rights to be bought out, the offeror is required to acquire those shares on the terms of this offer
or on such other terms as may be agreed.

Disclosure of Interest in Shares

Pursuant to Part 22 of the
Companies Act, we are empowered by notice in writing to any person whom we know or have reasonable cause to believe to be interested in
our shares, or at any time during the three years immediately preceding the date on which the notice is issued has been so interested,
requiring such person within a reasonable time to disclose to us particulars of that person’s interest and (so far as is within
his knowledge) particulars of any other interest that subsists or subsisted in those shares. The Articles of Association specify that
a response is required from such person within 14 days after service of any such notice.

| 52 |

Under the Articles of Association,
if a person defaults in supplying us with the required particulars in relation to the shares in question, or Default Shares, the directors
may by notice direct that:

| · | in respect of the Default Shares, the relevant member shall not be entitled to attend or vote (either                                     
 in person or by proxy) at any general meeting or of a general meeting of the holders of a class of shares or upon any poll or to exercise 
 any right conferred by the Default Shares; and/or                                                                                         |

| · | where the Default Shares represent at least 0.25% of their class, (a) any dividend (or any part of a dividend)                               
 payable in respect of the Default Shares shall be retained by us without liability to pay interest, (b) the shareholder may not be entitled  
 to elect to receive shares instead of a dividend, and (c) no transfers by the relevant member of any Default Shares may be registered        
 (unless the member himself is not in default and the transfer does not relate to Default Shares, the transfer is exempt or that the transfer 
 is permitted under the U.K. Uncertificated Securities Regulations 2001).                                                                     |

Purchase of Own Shares

Under English law, a limited
company