Biodexa Pharmaceuticals changes share nominal value

Published 13/06/2025, 21:42
Biodexa Pharmaceuticals changes share nominal value

Cardiff-based Biodexa Pharmaceuticals PLC has announced a significant change in the nominal value of its ordinary shares. The pharmaceutical company, known for its specialization in pharmaceutical preparations, has reduced the nominal value from £0.00005 per share to £0.000001 per share, a move approved by shareholders at a general meeting on June 11, 2025.

This decision is part of the adoption of new Articles of Association, which are now available as Exhibit 1.1 in the company’s latest report to the Securities and Exchange Commission (SEC). The document details the changes and is incorporated by reference into the company’s registration statements on Form S-8 and Form F-3.

Biodexa Pharmaceuticals, previously known as Midatech Pharma Plc until a name change on June 2, 2015, has made this adjustment as per the regulatory filing submitted today. The filing, a Form 6-K, is a requirement for foreign private issuers to provide the SEC with updates on significant corporate events.

The company’s CEO and CFO, Stephen Stamp, has signed off on the report, ensuring compliance with the Securities Exchange Act of 1934. Biodexa’s business address remains at 1 Caspian Point, Caspian Way, Cardiff, CF10 4DQ, United Kingdom (TADAWUL:4280), with the same contact number for official communications.

This change in share nominal value is now part of the official record and will be reflected in the company’s future financial documentation. Investors and stakeholders are encouraged to review the new Articles of Association to understand the implications of this amendment fully. This information is based on a press release statement provided by Biodexa Pharmaceuticals PLC to the SEC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.