Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007341
Chunk: 58

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 58
---
 in the
event the depositary endeavors to make a sale of Ordinary Shares, other securities or property, such securities and/or property may be
sold in a block sale or single lot transaction.

| 44 |

Except as stated below, the depositary will
deliver such distributions to ADR holders in proportion to their interests in the following manner:

| · | Cash. The depositary will distribute any U.S. dollars available to it resulting from a cash dividend                                           
 or other cash distribution or the net proceeds of sales of any other distribution or portion thereof (to the extent applicable), on an         
 averaged or other practicable basis, subject to (i) appropriate adjustments for taxes withheld, (ii) such distribution being permissible       
 or practicable with respect to certain registered ADR holders, and (iii) deduction of the depositary’s and/or its agents’                      
 fees and expenses in (1) converting any foreign currency to U.S. dollars to the extent that it determines that such conversion may be          
 made on a reasonable basis, (2) transferring foreign currency or U.S. dollars to the United States by such means as the depositary may         
 determine to the extent that it determines that such transfer may be made on a reasonable basis, (3) obtaining any approval or license         
 of any governmental authority required for such conversion or transfer, which is obtainable at a reasonable cost and within a reasonable       
 time and (4) making any sale by public or private means in any commercially reasonable manner. To the extent that any of the deposited         
 securities is not or shall not be entitled, by reason of its date of issuance, or otherwise, to receive the full amount of such cash dividend, 
 distribution, or net proceeds of sales, the depositary shall make appropriate adjustments in the amounts distributed to the ADR holders        
 issued in respect of such deposited securities. To the extent we or the depositary shall be required to withhold and do withhold from          
 any cash dividend, distribution or net proceeds from sales in respect of any deposited securities an amount on account of taxes, the amount    
 distributed on the Depositary Shares issued in respect of such deposited securities shall be reduced accordingly. To the extent the depositary 
 determines in its discretion that it would not be permitted by applicable law, rule or regulation, or it would not otherwise be practicable,   
 to convert foreign currency into U.S. dollars and distribute such U.S. dollars to some or all of the ADR holders entitled thereto, the         
 depositary may in its discretion distribute some