Abcam chairman Murray Hennessy will step down following the annual general meeting in November having accepted a CEO role.

He has has decided to return to executive management in a company based in the US having served on the board for six years, three as chairman.

Senior independent director Louise Patten will take over as interim non-executive chairman at the conclusion of the AGM.

At 10:00am: (LON:ABC) Abcam PLC share price was +2p at 1017p