Company: NCNA
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0000950170-25-042709
Chunk: 222

Company: NuCana plc
Filing Date: 2025-03-20
Form: 20-F
Item: Item 8
Chunk 222
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Item 8. Financial Information
 A. Consolidated Statements and Other Financial Information
 See “Item 18. Financial Statements.”
 
Dividend Policy
 We have never declared or paid a dividend, and we do not anticipate declaring or paying dividends in the foreseeable future. We intend to retain all available funds and any future earnings to fund the development and expansion of our business.
 Under English law, among other things, we may only pay dividends if we have sufficient distributable reserves (on a non-consolidated basis), which are our accumulated realized profits that have not been previously distributed or capitalized less our accumulated realized losses, so far as such losses have not been previously written off in a reduction or reorganization of capital.
 B. Significant Changes
 Any significant changes since December 31, 2024 are disclosed in Note 18 to the consolidated financial statements included elsewhere in this Annual Report.