Exhibit 99.1
Acquisition of Abcam by Danaher Approved by the High Court of Justice of England and Wales
Cambridge, UK / Waltham, MA, December 4, 2023 Abcam plc (Nasdaq: ABCM) (Abcam, the Group or the
Company), a global leader in the supply of life science research tools, entered into a definitive agreement on August 26, 2023 relating to its proposed acquisition by Danaher Corporation (NYSE: DHR) (Danaher) for $24.00
per share in cash (the Transaction), to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the Scheme). The circular in relation to the Scheme was published or made
available to Scheme Shareholders on October 5, 2023 (the Scheme Circular).
Abcam is pleased to announce that the Court has today issued
the Court Order sanctioning the Scheme.
Closing of the Transaction will occur and the Scheme will become effective upon the Court Order being delivered
to the Registrar of Companies, which is expected to occur on December 6, 2023, as previously announced. The last day of trading in Abcam ADSs on Nasdaq is expected to be December 5, 2023, with trading in Abcam ADSs on Nasdaq being
suspended by 8.00 a.m. (Eastern Time) on December 6, 2023.
Capitalized terms used in this announcement shall, unless otherwise defined, have the
same meanings as set out in the Scheme Circular.
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.
Founded in 1998 and headquartered in Cambridge, U.K., the Company has served customers in more than 130 countries. Abcams American Depositary Shares
(ADSs) trade on the Nasdaq Global Select Market (Nasdaq: ABCM).
For more information, please
visit www.abcam.com or www.abcamplc.com.
Important Notices
U.K. Takeover Code does not apply
Abcam is not a company
subject to regulation under the City Code on Takeovers and Mergers (the U.K. Takeover Code), therefore no dealing disclosures are required to be made under Rule 8 of the U.K. Takeover Code by shareholders of Abcam or Danaher.
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