Exercise of options and PDMR Dealing

Nov 17, 2021
RNS Number : 7413S
MaxCyte, Inc.
17 November 2021
 

 

 

 

MaxCyte, Inc.

 

("MaxCyte" or the "Company")

 

Exercise of options, PDMR dealing and Total Voting Rights

 

Gaithersburg, Maryland, November 17, 2021 - MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT, MXCN), a leading commercial cell-engineering company focused on providing enabling platform technologies to advance innovative cell-based research as well as next-generation cell therapeutic discovery, development and commercialization, announces that Doug Doerfler, Chief Executive Officer and Founder of the Company and Amanda Murphy, Chief Financial Officer, have exercised options over 350,000 shares of common stock of $0.01 of the Company ("Common Stock") ("Exercise") in aggregate. The 350,000 new shares of Common Stock issued pursuant to the Exercise ("New Common Stock"), together with 100,000 shares previously owned by Doug Doerfler, have been sold by Doug Doerfler and Amanda Murphy at a price range between of $12.08 and $12.66 per Common Stock ("Sale"). The sold shares represent approximately 10% and 12% of Doug Doerfler's and Amanda Murphy total equity and option holdings in the Company's stock capital, respectively.

 

Following the Exercise and Sale, Doug Doerfler holds 333,197 shares of Common Stock representing 0.3% of the issued stock capital of the Company and Amanda Murphy holds 0 shares of Common Stock.  Following the Exercise, Doug Doerfler and Amanda Murphy hold a further 2,516,680 and 1,065,470 options over Common Stock respectively.

 

Total voting rights

The 350,000 New Common Stock have been admitted to trading on AIM pursuant to the Block Listing announced by the Company on September 6, 2021. The New Common Stock will rank pari passu with the existing shares of common stock of the Company and will trade in the unrestricted line of Common Stock trading under the symbol MXCT. The total issued stock capital of the Company following the above will be 101,168,137 shares of common stock. Shareholders in the Company may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the stock capital of the Company.

 

The number of unrestricted shares of Common Stock trading under the symbol 'MXCT' is 100,838,137 and the number of restricted shares of Common Stock trading under the symbol 'MXCL' is 330,000.

 

MaxCyte Contacts:

 

US IR Adviser

Gilmartin Group

David Deuchler, CFA

+1 415-937-5400

ir@maxcyte.com

 

Nominated Adviser and Joint Corporate Broker

Panmure Gordon

Emma Earl / Freddy Crossley

Corporate Broking

Rupert Dearden

 

+44 (0)20 7886 2500

 

UK IR Adviser

Consilium Strategic Communications

Mary-Jane Elliott

Chris Welsh

 

 

+44 (0)203 709 5700

maxcyte@consilium-comms.com

 

About MaxCyte

MaxCyte is a leading commercial cell-engineering company focused on providing enabling platform technologies to advance innovative cell-based research as well as next-generation cell therapeutic discovery, development and commercialization. Over the past 20 years, we have developed and commercialized our proprietary Flow Electroporation® platform, which facilitates complex engineering of a wide variety of cells. Our ExPERT™ platform, which is based on our Flow Electroporation technology, has been designed to support the rapidly expanding cell therapy market and can be utilized across the continuum of the high-growth cell therapy sector, from discovery and development through commercialization of next-generation, cell-based medicines. The ExPERT family of products includes: three instruments, the ATx™, STx™ and GTx™; a portfolio of proprietary related processing assemblies or disposables; and software protocols, all supported by a robust worldwide intellectual property portfolio.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and/or persons closely associated with them:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

a)    Doug Doerfler

b)    Amanda Murphy

2

Reason for the notification


a)


Position/status

 

a)    Chief Executive Officer

b)    Chief Financial Officer

b)

Initial notification/Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MaxCyte, Inc.

b)

LEI

54930053YHXULRFCU991

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

$0.01 ordinary shares

 

 

US57777K1060

b)

Nature of the transaction

 

Exercise of options over Common Stock

c)

Price(s) and volume(s)

 

 

Price(s) per Ordinary Share

Volume(s)

a)    N/A

b)    N/A

a)    200,000

b)    150,000

 

d)

Aggregated information:

·   Aggregated volume:

·   Price: 

 

350,000

N/A

e)

Date of the transaction

 

12 to 16 November 2021

f)

Place of the transaction

 

 

London Stock Exchange - AIM

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

a)    Doug Doerfler

b)    Amanda Murphy

2

Reason for the notification


a)


Position/status

 

a)    Chief Executive Officer

b)    Chief Financial Officer

b)

Initial notification/Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MaxCyte, Inc.

b)

LEI

54930053YHXULRFCU991

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

$0.01 ordinary shares

 

 

US57777K1060

b)

Nature of the transaction

 

Sale of Common Stock

c)

Price(s) and volume(s)

 

 

Price(s) per Ordinary Share

Volume(s)

a)    $12.6573

a)    $12.1600

a)    $12.0769

 

b)    $12.6572

b)    $12.1605

b)    $12.0769

a)    101,847

a)    123,263

a)    74,890

 

b)    51,103

b)    61,591

b)    37,306

d)

Aggregated information:

·   Aggregated volume:

·   Price: 

 

450,000

$12.2981

e)

Date of the transaction

 

12 to 16 November 2021

f)

Place of the transaction 

London Stock Exchange - AIM

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEAXFXFDLFFFA