Company: BDRX
Filing Date: 2025-11-17
Form Type: POS AM
Source: 0001214659-25-016826
Chunk: 87

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: POS AM
Chunk 87
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or any other theory).

No provision of the Deposit
Agreement or the ADRs is intended to constitute a waiver or limitation of any rights which an ADR holder or any beneficial owner may
have under the Securities Act or Exchange Act, to the extent applicable.

The depositary and its agents
may own and deal in any class of securities of our Company and our affiliates and in Depositary Shares.

| 45 |

Disclosure of Interest in Depositary Shares

To the extent that the
provisions of or governing any deposited securities may require disclosure of or impose limits on beneficial or other ownership of, or
interest in, deposited securities, other Ordinary Shares and other securities and may provide for blocking transfer, voting or other
rights to enforce such disclosure or limits, you as ADR holders or beneficial owners agree to comply with all such disclosure requirements
and ownership limitations and to comply with any reasonable instructions we may provide in respect thereof We reserve the right to instruct
ADR holders (and through any such ADR holder, the beneficial owners of Depositary Shares evidenced by the ADRs registered in such ADR
holder’s name) to deliver their Depositary Shares for cancellation and withdrawal of the deposited securities so as to permit us
to deal directly with the ADR holder and/or beneficial owner of Depositary Shares as a holder of shares and, by holding a Depositary
Share or an interest therein, ADR holders and beneficial owners of Depositary Shares will be agreeing to comply with such instructions.

Each ADR holder agrees to
provide such information as the Company may request in a disclosure notice, or a Disclosure Notice, given pursuant to the Companies Act
or the Articles of Association of the Company. Each ADR holder acknowledges that it understands that failure to comply with a Disclosure
Notice may result in the imposition of sanctions against the holder of the underlying Ordinary Shares in respect of which the non-complying
person is or was, or appears to be or has been, interested as provided in the Companies Act and the Articles of Association which currently
may include, subject to the granting of an appropriate order by the court, the withdrawal of the voting rights of such Ordinary Shares
and the imposition of restrictions on the rights to receive dividends on and to transfer such Ordinary Shares. In addition, each ADR holder
agrees to comply with the provisions of the Disclosure Guidance and Transparency Rules published by the United Kingdom Financial Conduct
Authority (as amended from time to time) with regard to the notification to the Company of interests in Ordinary Shares