Grant of Options

Jul 12, 2022
RNS Number : 0898S
MaxCyte, Inc.
12 July 2022
 

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Grant of Options

 

Gaithersburg, Maryland - 12 July 2022: MaxCyte Inc., (NASDAQ: MXCT; LSE: MXCT), the global clinical-stage cell-based therapies and life sciences company, announces that on 29 June 2022, a total of 188,300 options of common stock in the Company ("Common Stock") were granted to PDMRs who are non-executive directors of the Company. These annual option grants were made pursuant to the Company's Equity Grant Policy for non-executive directors ("Option Grants"). Details of the Option Grants are given below:

 

Option Grants to PDMRs


Al-Wakeel, Yasir

26,900

Brooke, Will

26,900

Douglas, Richard

26,900

Erck, Stanley

26,900

Hemrajani, Rekha

26,900

Johnston, John

26,900

Mandell, Art

26,900

Total

188,300

 

Option Grants for non-executive directors fully vest at the end of twelve (12) months after date of grant.  (1 year cliff until fully vested).

 

The Options Grants have an exercise period of 10 years from date of grant, at which time they will expire, and have an exercise price equal to the closing price of MaxCyte's stock on 29 June 2022, of 410 pence.

 

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

 

 

a)    Yasir Al-Wakeel

b)    Will Brooke

c)    Richard Douglas

d)    Stanley Erck

e)    Rekha Hemrajani

f)     John Johnston

g)    Art Mandell

2

 

Reason for the notification

 

a)

 

Position/status

 

 

a)    Non-Executive Director

b)    Non-Executive Director

c)    Non-Executive Chairman

d)    Non-Executive Director

e)    Non-Executive Director

f)     Non-Executive Director

g)    Non-Executive Director

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

 

 

Grant of options of common stock

c)

 

Price(s) and volume(s)







Exercise Price(s)

Volume(s)




a)    £4.10

26,900




b)    £4.10

26,900




c)    £4.10

26,900




d)    £4.10

26,900




e)    £4.10

26,900




f)     £4.10

26,900




g)    £4.10

26,900







d)

 

Aggregated information




- Aggregated volume

188,300



- Price

£4.10



e)

 

Date of the transaction

 

 

29 June 2022

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM Market (XLON)

 

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: 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.

 

 

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

 

 

 

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