Grant of Options and PDMR Dealing

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:

Option Grants to PDMRs
Doerfler, Doug	500,000
Murphy, Amanda	142,000
Total	642,000

Option Grants vest 12/48th of the total grant one year after date of grant, and thereafter vest 1/48^th 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

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Doerfler, Doug Murhphy, Amanda
2	Reason for the notification
a)	Position/status	Doerfler, Doug - CEO and Director Murphy, Amanda - CFO
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	Grant of Options over Shares of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Exercise of options and Sale of Common Stock by PDMR
d)	Price(s) and volume(s)	Doerfler, Doug - 500,000 at an exercise price of $7.12 Murphy, Amanda - 142,000 at an exercise price of $7.12
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	25 March 2022
g)	Place of the transaction	Nasdaq Stock Exchange

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:

MaxCyte Inc. Doug Doerfler, Chief Executive Officer Amanda Murphy, Chief Accounting Officer [phone] Nominated Adviser and Joint Corporate Broker Panmure Gordon Emma Earl Freddy Crossley Corporate Broking Rupert Dearden [phone] Joint Corporate Broker Numis Securities Limited James Black Duncan Monteith [phone] Joint Corporate Broker Stifel Nicolaus Europe Limited Healthcare Investment Banking Nicholas Moore / Ben Maddison / Samira Essebiyea Corporate Broking Nick Adams  [phone] Financial PR Adviser Consilium Strategic Communications Mary-Jane Elliott Chris Welsh Sukaina Virji [phone] [e-mail]

 

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