Releases Details

Exercise of options and PDMR dealing

Dec 7, 2023
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RNS Number : 0411W
MaxCyte, Inc.
07 December 2023
 

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Exercise of options and PDMR dealing

 

ROCKVILLE, MD, December 7, 2023: MaxCyte Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery, development, and commercialization of next-generation cell therapeutics and to support innovative, cell-based research, announces that between 4 December 2023 and 5 December 2023, as per a filing lodged with the U.S. Securities and Exchange Commission, Doug Doerfler, Chief Executive Officer of the Company, exercised options over 124,450 shares of common stock of $0.01 of the Company ("Common Stock") ("Exercise") in aggregate. The 124,450 new shares of Common Stock were issued pursuant to the Company's existing its block admission facility and were sold by Doug Doerfler at a price range between $5.00 and $5.27 per Common Stock ("Sale"). The sold shares represent approximately 3.5% of Doug Doerfler's 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. Following the Exercise, Doug Doerfler holds a further 3,053,680 options over Common Stock.

 

The sales and option exercises were effected pursuant to a Rule 10b5-1 trading plan adopted by Doug Doerfler on 18 November 2022 relating solely to the sale of shares acquired from exercise of options that expire on 11 November 2024.

 

 

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

ICR Consilium

Mary-Jane Elliott

Chris Welsh

 

+44 (0)203 709 5700

maxcyte@consilium-comms.com

 

 

About MaxCyte

 

At MaxCyte, we pursue cell engineering excellence to maximize the potential of cells to improve patients' lives. We have spent more than 20 years honing our expertise by building best-in-class platforms, perfecting the art of the transfection workflow, and venturing beyond today's processes to innovate tomorrow's solutions. 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: four instruments, the ATx™, STx™, GTx™ and VLx ™; a portfolio of proprietary related processing assemblies or disposables; and software protocols, all supported by a robust worldwide intellectual property portfolio. By providing our partners with the right technology, as well as technical and regulatory support, we aim to guide them on their journey to transform human health. Learn more at maxcyte.com and follow us on Twitter and LinkedIn.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Doug Doerfler

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive 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

Common Stock of $0.01 each

Identification code

US57777K1060

b)

 

Nature of the transaction

 

 

Exercise of Options over common stock

c)

 

Price(s) and volume(s)

Exercise Price(s)

Volume(s)

$0.04

25,008

d)

 

Aggregated information

- Aggregated volume

25,008

- Price

$0.04

e)

 

Date of the transaction

 

 

4 December 2023

f)

 

Place of the transaction

 

 

US Stock Exchange, Nasdaq

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Doug Doerfler

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive 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

Common Stock of $0.01 each

Identification code

US57777K1060

b)

 

Nature of the transaction

 

 

Sale of common stock

c)

 

Price(s) and volume(s)

Exercise Price(s)

Volume(s)

$5.0000

9,353

$5.0050

10,177

$5.0100

2,006

$5.0150

1,987

$5.0200

397

$5.0250

799

$5.0300

289

d)

 

Aggregated information

- Aggregated volume

25,008

- Price

$5.0055

e)

 

Date of the transaction

 

 

4 December 2023

f)

 

Place of the transaction

 

 

US Stock Exchange, Nasdaq

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Doug Doerfler

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive 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

Common Stock of $0.01 each

Identification code

US57777K1060

b)

 

Nature of the transaction

 

 

Exercise of Options over common stock

c)

 

Price(s) and volume(s)

Exercise Price(s)

Volume(s)

$0.04

99,442

d)

 

Aggregated information

- Aggregated volume

99,442

- Price

$0.04

e)

 

Date of the transaction

 

 

5 December 2023

 

f)

 

Place of the transaction

 

 

US Stock Exchange, Nasdaq

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Doug Doerfler

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive 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

Common Stock of $0.01 each

Identification code

US57777K1060

b)

 

Nature of the transaction

 

 

Sale of common stock

c)

 

Price(s) and volume(s)

Exercise Price(s)

Volume(s)

$5.0000

203

$5.0050

100

$5.0200

599

$5.0250

100

$5.0300

92

$5.0350

1,074

$5.0400

463

$5.0450

638

$5.0500

2,066

$5.0550

100

$5.0600

1,064

$5.0650

200

$5.0700

790

$5.0750

527

$5.0800

2,216

$5.0850

1,271

$5.0900

977

$5.0950

819

$5.1000

1,921

$5.1050

506

$5.1100

593

$5.1150

498

$5.1200

774

$5.1250

1,243

$5.1300

4,002

$5.1350

1,223

$5.1400

1,037

$5.1450

2,446

$5.1500

9,198

$5.1525

300

$5.1550

2,963

$5.1600

792

$5.1650

729

$5.1700

604

$5.1750

2,949

$5.1800

1,743

$5.1850

2,913

$5.1900

2,369

$5.1950

5,449

$5.2000

3,043

$5.2050

2,019

$5.2100

2,287

$5.2150

16,700

$5.2200

461

$5.2250

900

$5.2300

636

$5.2350

1,700

$5.2400

300

$5.2450

9

$5.2500

10,374

$5.2550

771

$5.2600

100

$5.2650

2,200

$5.2700

391

d)

 

Aggregated information

- Aggregated volume

99,442

- Price

$5.1737

e)

 

Date of the transaction

 

 

5 December 2023

f)

 

Place of the transaction

 

 

US Stock Exchange, Nasdaq

 

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