Company: BDRX
Filing Date: 2025-11-17
Form Type: POS AM
Source: 0001214659-25-016826
Chunk: 60

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-17
Form: POS AM
Chunk 60
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 we will not treat you as a shareholder of ours and you will not 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 is filed