Company: BDRX
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001214659-25-000936
Chunk: 8

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-21
Form: 424B3
Chunk 8
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 the Investor directing the Investor to purchase the number of Purchase Shares specified by the Company
therein as the Additional VWAP Purchase Share Amount to be purchased by the Investor (such specified Additional VWAP Purchase Share Amount
subject to adjustment in accordance with hereof as necessary to give effect to the Purchase Share amount limitations
applicable to such Additional VWAP Purchase Share Amount as set forth in this Agreement) at the applicable Additional VWAP Purchase Price
on the applicable Additional VWAP Purchase Date for such Additional VWAP Purchase.

(d) “” means, with respect to an Additional VWAP Purchase made pursuant to hereof, the lesser
of ninety-five percent (95%) of (i) the Closing Sale Price of the Depositary Shares on the Business Day immediately preceding such Additional
VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, share split, reverse share
split, Depositary Share-Ordinary Share ratio change or other similar transaction) and (ii) the VWAP for the period on the applicable Additional
VWAP Purchase Date, beginning at the latest of (A) the applicable VWAP Purchase Termination Time with respect to the corresponding VWAP
Purchase referred to in clause (i) of the proviso in the second sentence of hereof on such Additional VWAP Purchase
Date, (B) the applicable Additional VWAP Purchase Termination Time with respect to the most recently completed prior Additional VWAP Purchase
on such Additional VWAP Purchase Date, as applicable, and (C) the time at which the Depositary has acknowledged the receipt of, and confirmed
the processing of, a Depositary Instruction Letter with respect to all Purchase Shares subject to all prior VWAP Purchases and Additional
VWAP Purchases (as applicable), including, without limitation, those that have been effected on the same Business Day as the applicable
Additional VWAP Purchase Date with respect to which the applicable Additional VWAP Purchase relates (such latest of (ii)(A), (ii)(B) and
(ii)(C) above, the “”), and ending at the earliest of (X) 2:00 p.m., Eastern
time, on such Additional VWAP Purchase Date, (Y) such time, from and after the Additional VWAP Purchase Commencement Time for such Additional
VWAP Purchase, that the total number (or volume) of Depositary Shares traded on the Principal Market has exceeded the applicable Additional
VWAP Purchase Share Volume Maximum,