Company: BDRX
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001214659-25-016821
Chunk: 97

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: F-1
Chunk 97
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 have any shareholder rights. The laws of England and Wales govern
shareholder rights. Because the depositary or its nominee will be the shareholder of record for the Ordinary Share represented by all
outstanding Depositary Shares, shareholder rights rest with such record holder. Your rights are those of an ADR holder or of a beneficial
owner. Such rights derive from the terms of the Deposit Agreement to be entered into among us, the depositary and all holders and beneficial
owners from time to time of ADRs issued under the Deposit Agreement and, in the case of a beneficial owner, from the arrangements between
the beneficial owner and the holder of the corresponding ADRs. The obligations of our Company and the depositary and its agents are also
set out in the Deposit Agreement. Because the depositary or its nominee will actually be the registered owner of the Ordinary Shares,
you must rely on it to exercise the rights of a shareholder on your behalf.

The Deposit Agreement, the
ADRs and the Depositary Shares are governed by the internal laws of the State of New York without giving effect to the application of
the conflict of law principles thereof. Under the Deposit Agreement, as an ADR holder or a beneficial owner of Depositary Shares, you
agree that any legal suit, action or proceeding against or involving us or the depositary, arising out of or based upon the Deposit Agreement,
the Depositary Shares, the ADRs or the transactions contemplated thereby, may only be instituted in the United States District Court for
the Southern District of New York (or, in certain cases, the state courts of New York County, New York), and you irrevocably waive any
objection which you may have to the laying of venue of any such proceeding and irrevocably submit to the exclusive jurisdiction of such
courts in any such suit, action or proceeding.

The following is a summary
of what we believe to be the material terms of the Deposit Agreement. Notwithstanding this, because it is a summary, it may not contain
all the information that you may otherwise deem important. For more complete information, you should read the entire form of Deposit Agreement
and the form of ADR that contains the terms of your Depositary Shares. You can read a copy of the form of Deposit Agreement, which is
filed as an exhibit to our Annual Report on Form 20-F for the year ended December 31, 2024, which filed with the SEC. You may also obtain
a copy of the