Grant of Options

RNS Number : 0791I

MaxCyte, Inc.

10 August 2021

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

Grant of Options

Gaithersburg, Maryland - 10 August 2021:   MaxCyte  (Nasdaq: MXCT) (LSE: MXCT, MXCN) , a leading provider of cell-engineering platform technologies, announces that on 9 August 2021, options of common stock in the Company ("Common Stock") were granted equally to all Company employees, including 100,000 options granted to PDMRs who are directors or officers of the Company ("PDMR Option Grants"). Details of the PDMR Option Grants are given below:

Grants to PDMRs
Doerfler, Doug	10,000
Thompson, J. Stark	10,000
Mandell, Art	10,000
Erck, Stan	10,000
Brooke, Will	10,000
Johnston, John	10,000
Douglas, Richard	10,000
Hemrajani, Rekha	10,000
Al-Wakeel, Yasir	10,000
Murphy, Amanda	10,000
Total	100,000

All option grants vest over 4 years. 1/4^th of the grants vest  1 year following the date of the grant, with the remainder of the options vesting ratably monthly in 36 monthly installments thereafter. The options 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 9 August 2021, of $16.63

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 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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	J. Stark Thompson
2	Reason for the notification
a)	Position/status	Chairman
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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Art Mandell
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stan Erck
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Will Brooke
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	John Johnston
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Richard Douglas
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rekha Hemrajani
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Yasir Al-Wakeel
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Amanda Murphy
2	Reason for the notification
a)	Position/status	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	Options of Common Stock
b)	Identification Code	US57777K1060
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/A $ 16.63	10,000 options
e)	Aggregated information - Aggregated volume - Price	N/A N/A N/A
f)	Date of the transaction	9 August 2021
g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

MaxCyte Contacts:

MaxCyte Inc. Doug Doerfler, Chief Executive Officer Amanda Murphy, Chief Financial 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 / Matthew  O'Dowd	[phone]
Joint Corporate Broker Stifel Nicolaus Europe Limited Healthcare Investment Banking Nicholas Moore / Ben Maddison / Samira Essebiyea Corporate Broking Nick Adams	[phone]
UK IR Adviser Consilium Strategic Communications Mary-Jane Elliott Chris Welsh	[phone] [e-mail]
US IR Adviser Gilmartin Group David Deuchler, CFA	[phone]   [e-mail]
US Media Relations Jamie Lacey-Moreira PressComm PR, LLC	[phone] [e-mail]

About MaxCyte

MaxCyte is a leading provider of cell-engineering platform technologies to advance innovative cell-based research, development and potential commercialization of next-generation cell therapies. The Company's existing customer base ranges from large biopharmaceutical companies - including 20 of the top 25 pharmaceutical companies based on 2020 global revenue - to hundreds of biotechnology companies and academic translational centers. MaxCyte has granted 14 strategic platform licenses to commercial cell therapy developers that allow for more than 75 clinical programs. Founded in 1998, MaxCyte is headquartered in Gaithersburg, Maryland, US.

 

END

 

 

DSHEAFPNELEFEAA