RNS Number : 1548G
MaxCyte, Inc.
28 March 2022
MaxCyte, Inc.
("MaxCyte" or the "Company")
Grant of Options and PDMR Dealing
Gaithersburg, Maryland - 28 March 2022: MaxCyte, Inc. (NASDAQ: MXCT; LSE: MXCT), 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 on 25 March 2022, a total of 642,000 options of common stock in the Company ("Common Stock") were granted to PDMRs who are officers of the Company ("Option Grants"). Details of the Option Grants are given below:
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Option Grants to PDMRs
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Doerfler, Doug
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500,000
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Murphy, Amanda
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142,000
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Total
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642,000
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Option Grants vest 12/48th of the total grant one year after date of grant, and thereafter vest 1/48th per month for 36 months after the date of grant. The Option Grants have an exercise price of $7.12 equal to the closing price of Maxcyte's stock on the Nasdaq Stock Exchange on 25 March 2022.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Doerfler, Doug
Murhphy, Amanda
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2
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Reason for the notification
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a)
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Position/status
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Doerfler, Doug - CEO and Director
Murphy, Amanda - CFO
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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MaxCyte, Inc.
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b)
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LEI
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54930053YHXULRFCU991
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4
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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
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a)
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Description of the financial instrument, type of instrument
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Grant of Options over Shares of Common Stock
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b)
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Identification Code
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US57777K1060
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c)
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Nature of the transaction
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Exercise of options and Sale of Common Stock by PDMR
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d)
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Price(s) and volume(s)
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Doerfler, Doug - 500,000 at an exercise price of $7.12
Murphy, Amanda - 142,000 at an exercise price of $7.12
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|
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e)
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Aggregated information
- Aggregated volume
- Price
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N/A
N/A
N/A
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f)
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Date of the transaction
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25 March 2022
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g)
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Place of the transaction
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Nasdaq Stock Exchange
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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.
For further information, please contact:
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MaxCyte Inc.
Doug Doerfler, Chief Executive Officer
Amanda Murphy, Chief Accounting Officer
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+1 301 944 1660
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Nominated Adviser and Joint Corporate Broker
Panmure Gordon
Emma Earl
Freddy Crossley
Corporate Broking
Rupert Dearden
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+44 (0)20 7886 2500
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Joint Corporate Broker
Numis Securities Limited
James Black
Duncan Monteith
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+44 (0)20 7260 1000
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Joint Corporate Broker
Stifel Nicolaus Europe Limited
Healthcare Investment Banking
Nicholas Moore / Ben Maddison / Samira Essebiyea
Corporate Broking
Nick Adams
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+44 (0) 20 7710 7600
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Financial PR Adviser
Consilium Strategic Communications
Mary-Jane Elliott
Chris Welsh
Sukaina Virji
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+44 (0)203 709 5700
maxcyte@consilium-comms.com
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