Company: BDRX
Filing Date: 2025-11-24
Form Type: 424B3
Source: 0001214659-25-017136
Chunk: 76

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-11-24
Form: 424B3
Chunk 76
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 agree to indemnify, defend and save harmless each of the
depositary and its agents in respect of such tax or other governmental charge. Notwithstanding the depositary’s right to seek payment
from current or former ADR holders and beneficial owners, each ADR holder and beneficial owner, and each prior ADR holder and beneficial
owner, by holding or owning, or having held or owned, an ADR or an interest in Depositary Shares acknowledges and agrees that the depositary
has no obligation to seek payment of amounts owing from any current or prior beneficial owner. If an ADR holder owes any tax or other
governmental charge, the depositary may (i) deduct the amount thereof from any cash distributions, or (ii) sell deposited securities (by
public or private sale) and deduct the amount owing from the net proceeds of such sale. In either case, the ADR holder remains liable
for any shortfall. If any tax or governmental charge is unpaid, the depositary may also refuse to effect any registration, registration
of transfer, split-up or combination of ADRs or withdrawal of deposited securities until such payment is made. If any tax or governmental
charge is required to be withheld on any cash distribution, the depositary may deduct the amount required to be withheld from any cash
distribution or, in the case of a non-cash distribution, sell the distributed property or securities (by public or private sale) in such
amounts and in such manner as the depositary deems necessary and practicable to pay such taxes and distribute any remaining net proceeds
or the balance of any such property after deduction of such taxes to the ADR holders entitled thereto. Neither we nor the depositary nor
any of our or its respective agents, shall be liable to ADR holders or beneficial owners of the Depositary Shares for failure of any of
them to comply with applicable tax laws, rules and/or regulations.

As an ADR holder or beneficial owner, you
will be agreeing to indemnify us, the depositary, its custodian and any of our or their respective officers, directors, employees, agents
and affiliates against, and hold each of them harmless from, any claims by any governmental authority with respect to taxes, additions
to tax, penalties or interest arising out of any refund of taxes, reduced rate of withholding at source or other tax benefit obtained,
which obligations shall survive any transfer or surrender of Depositary Shares or the termination of the Deposit Agreement.

Reclassifications, Recapitalizations and