Company: BDRX
Filing Date: 2025-05-08
Form Type: POS AM
Source: 0001214659-25-007196
Chunk: 61

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-08
Form: POS AM
Chunk 61
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 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 or all of the foreign currency received by the depositary as it deems permissible and practicable
to, or retain and hold such foreign currency uninvested and without liability for interest thereon for the respective accounts of, the
ADR holders entitled to receive the same. To the extent the depositary retains and holds any cash, foreign currency, securities or other
property as permitted under the Deposit Agreement, any and all fees, charges and expenses related to, or arising from, the holding thereof
shall be paid from such cash, foreign currency, securities or other property, or the net proceeds from the sale thereof, thereby reducing
the amount so held. If exchange rates fluctuate during a time when the depositary cannot convert a foreign currency, you may lose some
or all of the value of the distribution.

| · | Shares. In the case of a distribution in Ordinary Shares, the depositary will issue additional                                                
 ADRs to evidence the number of Depositary Shares representing such Ordinary Shares. Only whole Depositary Shares will be issued. Any Ordinary 
 Shares that would result in fractional Depositary Shares will be sold and the net proceeds of the public or private sales of such will        
 be distributed in the same manner as cash to the ADR holders entitled thereto.                                                                |

| 39 |

| · | Rights to receive additional Ordinary Shares. In the case of