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

MaxCyteAnnouncement

02/04/2024 07:00

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RNS Number : 8379I  MaxCyte, Inc.  02 April 2024

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Exercise of options and PDMR dealing

 

ROCKVILLE, MD, April 2, 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-based therapeutics and innovative bioprocessing
applications, announces that on 26 March 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 $4.370 and $4.430 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 162,217 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
platform, as well as scientific, 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 X
(https://twitter.com/MaxCyte_info) (formerly Twitter) 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 March 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)
                                                                                     $4.3700            360
                                                                                     $4.3900            1179
                                                                                     $4.4000            651
                                                                                     $4.4050            669
                                                                                     $4.4100            12
                                                                                     $4.4150            931
                                                                                     $4.4200            261
                                                                                     $4.4250            400
                                                                                     $4.4300            537

 d)   Aggregated information

      - Aggregated volume                                          5,000

      - Price                                                      $4.4052

 e)   Date of the transaction                                      26 March 2024

 f)   Place of the transaction                                     US Stock Exchange, Nasdaq

 

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