REG - MaxCyte, Inc. MaxCyte, Inc. - MXCR - Exercise of options and PDMR dealing

MaxCyteAnnouncement

29/02/2024 09:30

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RNS Number : 9585E  MaxCyte, Inc.  29 February 2024

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Exercise of options and PDMR dealing

 

ROCKVILLE, MD, February 29, 2024: 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 on 26 February 2024, as per a filing lodged with the
U.S. Securities and Exchange Commission, John Johnston, a Non-Executive
Director of the Company, exercised options over 5,000 shares of common stock
of $0.01 of the Company ("Common Stock") ("Exercise") in aggregate. The
5,000 new shares of Common Stock were issued pursuant to the Company's
existing its block admission facility and were sold by John Johnston at a
price range between $4.510 and $4.625 per Common Stock ("Sale"). The sold
shares represent approximately 1.7% of John Johnston's total equity and
option holdings in the Company's stock capital, respectively.

 

Following the Exercise and Sale, John Johnston holds 120,583 shares of
Common Stock representing 0.1% of the issued stock capital of the Company.
Following the Exercise, John Johnston holds a further 167,217 options over
Common Stock.

 

The sales and option exercises were effected pursuant to a Rule 10b5-1 trading
plan adopted by John Johnston on 28 March 2023 relating solely to the sale of
shares acquired from exercise of options that expire on 4 March 2029.

 

 

MaxCyte Contacts:

 

 US IR Adviser

 Gilmartin Group                               +1 415-937-5400

 David Deuchler, CFA                           ir@maxcyte.com (mailto:ir@maxcyte.com)

 Nominated Adviser and Joint Corporate Broker

 Panmure Gordon                                +44 (0)20 7886 2500

 Emma Earl / Freddy Crossley

 Corporate Broking

 Rupert Dearden

 UK IR Adviser                                 +44 (0)203 709 5700

 ICR Consilium                                 maxcyte@consilium-comms.com (mailto:maxcyte@consilium-comms.com)

 Mary-Jane Elliott

 Chris Welsh

 

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
(https://maxcyte.com/) and follow us on Twitter
(https://twitter.com/MaxCyte_info) and LinkedIn
(https://www.linkedin.com/company/maxcyte-inc-/) .

 

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                                                         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  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)
                                                                                     $2.142             5,000

 d)   Aggregated information

      - Aggregated volume                                          5,000

      - Price                                                      $2.142

 e)   Date of the transaction                                      26 February 2024

 f)   Place of the transaction                                     US Stock Exchange, Nasdaq

 

 

 

 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  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)
                                                                                     $4.5100            100
                                                                                     $4.5700            432
                                                                                     $4.5800            12
                                                                                     $4.5900            896
                                                                                     $4.5925            63
                                                                                     $4.5950            467
                                                                                     $4.6000            901
                                                                                     $4.6050            180
                                                                                     $4.6100            620
                                                                                     $4.6150            226
                                                                                     $4.6200            366
                                                                                     $4.6250            737

 d)   Aggregated information

      - Aggregated volume                                          5,000

      - Price                                                      $4.6005

 e)   Date of the transaction                                      26 February 2024

 f)   Place of the transaction                                     US Stock Exchange, Nasdaq

 

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