NuCana to implemet ADS Ratio Change to one ADS representing twenty-five shares

NuCana announced plans to change the ratio of its American Depository Share to its ordinary shares from one ADS, representing one ordinary share, to one ADS representing twenty-five ordinary shares . The change in the ADS Ratio is expected to become effective on or about April 16 . For the Company’s ADS holders, the change in the ADS Ratio has the same effect as a one-for-twenty-five reverse ADS split and will have no impact on an ADS holder’s proportional equity interest in the Company. The change in the ADS Ratio is intended to further support the liquidity in the Company’s ADSs and to enable the Company to regain compliance with the Nasdaq minimum bid price requirement.