Company: NCNA
Filing Date: 2025-05-02
Form Type: F-1/A
Source: 0001193125-25-110310
Chunk: 39

Company: NuCana plc
Filing Date: 2025-05-02
Form: F-1/A
Chunk 39
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 entitled to one vote for each share held of record on all matters submitted to a vote of
shareholders and do not have cumulative voting rights.

Any distribution made as a result of
winding-up, dissolution or liquidation of our company and any dividend declared will be distributed in proportion to the number of fully paid ordinary shares held.

Deferred Shares

The deferred shares of
£0.0004 each have no dividend or voting rights and, upon a return of capital, the right only to receive the amount paid up thereon after the holders of the ordinary shares have received the amounts entitled to be paid to holders of ordinary
shares in our share capital and the further payment of £10,000,000 in respect of each ordinary share. No share certificates will be issued in respect of the deferred shares and the CREST accounts of holders of ordinary shares will not be
credited with any deferred shares.

The rights of the deferred shares are set out in new article 4.8 in the articles of association
adopted on April 23, 2025 and listed as Exhibit 3.1 hereto.

Deferred shares are commonly used by U.K. public companies to
restructure the nominal value of their ordinary share capital. Once created for this reason, it is not uncommon for deferred shares to be cancelled using one of the procedures available to a company under U.K. company law.

Articles of Association

The following is a summary of certain provisions of our articles of association. Please note that this is only a summary and is not intended to be exhaustive. For further information please refer to the full version of our articles of association, which is included as an exhibit to this prospectus.

Shares and Rights Attaching to Them

General. All ordinary shares have the same rights and rank pari passu in all respects. Subject to the provisions of the
Companies Act 2006 and any other relevant legislation, our board of directors may, from time to time, allot and issue shares following an ordinary resolution of the shareholders granting authority to the directors to allot shares (and if applicable,
and not already disapplied, a special resolution to disapply pre-emption rights).

Our shares may
be issued with or have attached to them any preferred, deferred, qualified or other special rights or restrictions, whether in relation to dividends, returns of capital, voting or otherwise, as set out in our articles of association or as the
shareholders may determine by ordinary resolution (or, if the shareholders have not so determined, as our board of directors may determine