Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007340
Chunk: 84

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 84
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 the removal or resignation of the depositary.

We have agreed to indemnify
the depositary under certain circumstances and the depositary has agreed to indemnify us under certain circumstances.

Notwithstanding any other
provision of the Deposit Agreement or the ADRs to the contrary, neither we nor the depositary, nor any of their respective agents shall
be liable to the other for any indirect, special, punitive or consequential damages or lost profits, in each case of any form incurred
by any of them or any other person or entity (including, without limitation, holders and beneficial owners), whether or not foreseeable
and regardless of the type of action in which such a claim may be brought, collectively Special Damages, except (i) to the extent
such Special Damages arise from the gross negligence or willful misconduct of the party from whom indemnification is sought or (ii) to
the extent Special Damages arise from or out of a claim brought by a third party (including, without limitation, holders and beneficial
owners) against the depositary or its agents acting under the Deposit Agreement, except to the extent such Special Damages arise out of
the gross negligence or willful misconduct of the party seeking indemnification hereunder.

In the Deposit Agreement each
party thereto (including, for avoidance of doubt, each ADR holder and beneficial owner) irrevocably waives, to the fullest extent permitted
by applicable law, any right it may have to a trial by jury in any suit, action or proceeding against the depositary and/or us directly
or indirectly arising out of or relating to the Ordinary Shares or other deposited securities, the Depositary Shares or the ADRs, the
Deposit Agreement or any transaction contemplated therein, or the breach thereof (whether based on contract, tort, common law or any other
theory).

No provision of the Deposit
Agreement or the ADRs is intended to constitute a waiver or limitation of any rights which an ADR holder or any beneficial owner may have
under the Securities Act or Exchange Act, to the extent applicable.

The depositary and its agents
may own and deal in any class of securities of our Company and our affiliates and in Depositary Shares.

| 49 |

Disclosure of Interest in Depositary Shares

To the extent that the provisions
of or governing any deposited securities may require disclosure of or impose limits on beneficial or other ownership of, or interest in,
deposited securities, other Ordinary Shares and other securities and may provide for blocking transfer