Exhibit 99.1
Abcam Confirms Dr. Jonathan Milner has Withdrawn EGM Requisition Notice and Related Resolutions
Shareholders are encouraged not to attend or submit voting instructions or proxies related to the EGM
CAMBRIDGE, England and WALTHAM, Mass., June 28, 2023 Abcam plc (Abcam, Company, Group) (Nasdaq: ABCM), a
global leader in the supply of life science research tools, today confirmed that it has received a letter of undertaking from Dr. Jonathan Milner withdrawing his notice dated May 30, 2023 (the Requisition Notice) which required
the Company to call an Extraordinary General Meeting of its shareholders (the EGM) to consider certain resolutions proposed by him (the Resolutions).
In light of this letter from Dr. Jonathan Milner and the withdrawal of the Requisition Notice, in accordance with English law, a motion withdrawing the
Resolutions will be presented at the EGM, which is scheduled to be held at 2.00 p.m. (BST) || 9:00am (EDT) on July 12, 2023. Shareholders are encouraged not to attend, not to submit voting instructions or proxies for, and not take any other
action in relation to the EGM.
Abcam issued the following statement:
The Abcam Board and management team appreciate the constructive discussions we have had with our shareholders and will continue to maintain
an ongoing dialogue. Our Board remains focused on our recently announced process to explore strategic alternatives for the Company, which will evaluate a broad range of options to maximize shareholder value, including a potential sale of the
Company.
About Abcam plc
As an innovator in
reagents and tools, Abcams purpose is to serve life science researchers globally to achieve their mission faster. Providing the research and clinical communities with tools and scientific support, the Company offers highly validated
antibodies, assays, and other research tools to address important targets in critical biological pathways.
Already a pioneer in data sharing and
ecommerce in the life sciences, Abcams ambition is to be the most influential company in life sciences by helping advance global understanding of biology and causes of disease, which, in turn, will drive new treatments and improved health.
Abcams worldwide customer base of approximately 750,000 life science researchers uses Abcams antibodies, reagents, biomarkers, and
assays. By actively listening to and collaborating with these researchers, the Company continuously advances its portfolio to address their needs. A transparent program of customer reviews and datasheets, combined with industry-leading validation
initiatives, gives researchers increased confidence in their results.