SC 13D/A 1 tm2316113d1_sc13da.htm SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13D

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(a)

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

Abcam plc

(Name of Issuer)

 

Ordinary Shares

(Title of Class of Securities)

 

000380204

(CUSIP Number)

 

Jonathan Milner

Honey Hill House, 20 Honey Hill

Cambridge CB3 0BG

 

With copies to:

 

Richard M. Brand

Cadwalader, Wickersham & Taft LLP

200 Liberty Street

New York, NY 10281

212-504-6000

Michael Newell

Cadwalader, Wickersham & Taft LLP

100 Bishopsgate

London EC2N 4AG

44 (0) 20 7170 8540

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

May 17, 2023

(Date of Event Which Requires Filing of This Statement)

 

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. x

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

1  

NAME OF REPORTING PERSON

Dr. Jonathan Milner

2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨ (b) x

 

3  

SEC USE ONLY

 

4  

SOURCE OF FUNDS

 

PF (See Item 3)

5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨

 

6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United Kingdom

Number of

shares

beneficially

owned by

each

reporting

person

with

 

 

   7  

SOLE VOTING POWER

 

11,733,8531

  8  

SHARED VOTING POWER

 

2,694,349

  9  

SOLE DISPOSITIVE POWER

 

11,733,8531

  10  

SHARED DISPOSITIVE POWER

 

2,694,3492

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

14,428,2021,2

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

6.28%*

14  

TYPE OF REPORTING PERSON

 

IN

             

* All percentage calculations set forth herein are based upon the aggregate of 229,723,147 Ordinary Shares outstanding as of May 17, 2023, as reported in the Exhibit 99.1 of the Issuer’s Report of Foreign Private Issuer on Form 6-K filed with the SEC on May 17, 2023.

1 Includes 11,733,853 shares directly held by the Reporting Person through American Depository Shares representing, each, one Ordinary Share (“ADS”).

2 Includes of 711,382 ADS’s held by the Reporting Person’s spouse and 1,982,967 ADS’s held by three limited companies over which the Reporting Person exercises investment discretion. The Reporting Person disclaims beneficial ownership over the Ordinary Shares beneficially owned by his spouse, except to the extent of his pecuniary interest therein.

 

 

 

This Amendment No. 1 to Schedule 13D (this “Amendment No. 1”), amends and supplements the Schedule 13D filed on May 1, 2023 (the “Initial 13D” and as amended and supplemented by this Amendment No. 1, the “Schedule 13D”) by the Reporting Person, relating to the Ordinary Shares of the Issuer. Information reported in this Schedule 13D remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment. Capitalized terms not defined in this Amendment No. 1 shall have the meaning ascribed to them in the Initial 13D.

 

The purpose of this Amendment No. 1 is to update the disclosure in Items 4 and 5 of the Schedule 13D as hereinafter set forth.

 

ITEM 1. SECURITY AND ISSUER

 

This statement on Schedule 13D relates to the Ordinary Shares of the Issuer. The principal executive offices of the Issuer are located at Discovery Drive, Cambridge Biomedical Campus, Cambridge, CB2 0AX, United Kingdom.

 

ITEM 2. IDENTITY AND BACKGROUND

 

(a) (f) This statement is being filed by Dr. Jonathan Milner, a citizen of the United Kingdom.

(b) The address of the Reporting Person is Honey Hill House, 20 Honey Hill, Cambridge, CB3 0BG.

(c) The Reporting Person’s principal occupation is as an investor and executive in life sciences companies.

(d), (e) During the last five years, the Reporting Person (i) has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) and (ii) was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.

 

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

 

Prior to the Issuer’s initial public offering, the Reporting Person acquired Ordinary Shares of the Issuer in connection with his founding, employment at the Issuer as well as his service as a director on the Board.

 

ITEM 4. PURPOSE OF TRANSACTION

 

Item 4 is hereby amended to add the following:

 

On May 17, 2023, the Reporting Person issued a press release (the “Press Release”) stating that he intends to call an extraordinary general meeting of shareholders of the Issuer, as set forth more fully in Exhibit 99.1 hereto.

 

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

 

Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows (including to correct a clerical error in connection with the previously reported number of the Issuer’s Ordinary Shares that are beneficially owned by the Reporting Person):

 

(a) The Reporting Person is the holder of 11,733,853 ADS’s. In addition, the Reporting Person may be deemed to share beneficial ownership over (a) 1,982,967 Ordinary Shares beneficially owned by three limited companies over which the Reporting Person exercises investment discretion and (b) 711,382 Ordinary Shares beneficially owned by the Reporting Person’s spouse. Such Ordinary Shares are held in the form of American Depository Shares. The Reporting Person disclaims beneficial ownership over the Ordinary Shares beneficially owned by his spouse, except to the extent of his pecuniary interest therein. The shares described in this Item 5 represent approximately 6.28% of the outstanding Ordinary Shares.

 

(b)

 

(i)Sole power to vote or to direct the vote: 11,733,853
   
(ii)Shared power to vote or direct the vote: 2,694,349
   
(iii)Sole power to dispose or to direct the disposition of: 11,733,853
   
(iv)Shared power to dispose or to direct the disposition of: 2,694,349

 

(c) See Schedule I, which is incorporated herein by reference, describes the transactions by the Reporting Person in the Common Stock during the past sixty days.

 

(d) N/A

 

(e) N/A

 

 

 

 

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

 

Item 7 is hereby amended to add the following exhibits:

 

Exhibit 99.1 Press Release, dated May 17, 2023.

 

 

 

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: May 18, 2023

 

 By:/s/ Jonathan Milner
  Name: Jonathan Milner

 

 

 

 

Schedule I

 

TRADING DATA

 

The following table sets forth all transactions in the Ordinary Shares of the Issuer effected by the Reporting Person in the past 60 days. Except as otherwise noted below, all such transactions were purchases or sales of Ordinary Shares effected in the open market and the table excludes commissions paid in per share prices.

Reporting Person  Trade Date  Buy/Sell  No. of
Shares/
Quantity		   Unit Cost/
Proceeds		   Security
Dr. Jonathan Milner  4/17/2023  Sell   65,000.00   $15.6004   ADS
Dr. Jonathan Milner  4/19/2023  Sell   54,996.00   $15.8624   ADS
Dr. Jonathan Milner  4/19/2023  Sell   10,004.00   $15.8500   ADS
Dr. Jonathan Milner  4/20/2023  Sell   65,000.00   $15.8503   ADS
Dr. Jonathan Milner  4/25/2023  Sell   65,000.00   $16.0003   ADS