NuCana management commentary attributes lower nine-month 2026 pretax loss to absence of derivative revaluation losses

• NuCana's management commentary reported a nine-month net loss through September 30, 2026, of £8.55 million, versus £26.87 million a year earlier.
• The improvement reflected lower expenses; prior-year results included £12.65 million in noncash derivative revaluation losses.
• Research and development expenses fell to £6.24 million, primarily reflecting a £4.2 million reduction in share-based payment expenses.
• Third-quarter net loss widened to £1.61 million from £281,000, reflecting the absence of prior-year insurance proceeds and ADR depositary contributions.
• Cash and cash equivalents declined to £18.3 million at September 30, 2026, from £24.3 million at December 31, 2025.

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