Does the NCNA reverse stock split affect UK shareholders?

Yes, the reverse stock split of NuCana (NCNA) will affect UK shareholders as well. The reverse stock split is applicable to all shareholders, including those holding ordinary shares and American Depository Shares (ADSs), regardless of their location. This means that UK shareholders holding NCNA ordinary shares or ADSs will also be subject to the reverse stock split. The reverse stock split aims to improve the liquidity of the company's ADSs on the Nasdaq exchange and to meet the exchange's minimum bid price requirements. Since UK shareholders may hold either ordinary shares or ADSs, they will be indirectly affected by this corporate action. It's important for UK shareholders to be aware of the reverse stock split and its implications, such as any changes in their shareholding and the potential impact on their investment. They should monitor the situation and consult with their financial advisors if necessary.