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

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RNS Number : 2188L  MaxCyte, Inc.  06 November 2024

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Exercise of options and PDMR dealing

 

ROCKVILLE, MD, November 6, 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 5 November 2024, as per a filing lodged with the
U.S. Securities and Exchange Commission, Stanley Erck, a Non-Executive
Director of the Company, exercised options over 47,689 shares of common stock
of $0.01 of the Company ("Common Stock") ("Exercise") in aggregate. The 47,689
new shares of Common Stock were issued pursuant to the Company's existing its
block admission facility and were sold by Stanley Erck at a price range
between $3.610 and $3.755 per Common Stock ("Sale"). The sold shares represent
approximately 8.04% of Stanley Erck's total equity and option holdings in the
Company's stock capital, respectively.

 

Following the Exercise and Sale, Stanley Erck holds 247,751 shares of Common
Stock representing 0.2% of the issued stock capital of the Company. Following
the Exercise, Stanley Erck holds a further 276,501 options over Common Stock
and 21,367 restricted stock units.

 

The sales and option exercises were effected pursuant to a Rule 10b5-1 trading
plan adopted by Stanley Erck on 12 March 2024 relating solely to the sale of
shares acquired from exercise of options that expire on 11 November 2024.

 

MaxCyte Contacts:

 

US IR Adviser

Gilmartin Group

David Deuchler, CFA

+1 415-937-5400

ir@maxcyte.com

 

Nominated Adviser and Joint Corporate Broker

Panmure Liberum

Emma Earl / Freddy Crossley

Corporate Broking

Rupert Dearden

+44 (0)20 7886 2500

 

UK IR Adviser

ICR Healthcare

Mary-Jane Elliott

Chris Welsh

+44 (0)203 709 5700

maxcyte@icrhealthcare.com

 

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 and follow us on X (formerly Twitter) and LinkedIn.

 

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                                                         Stanley 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  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)
                                                                                     $0.040             47,689

 d)   Aggregated information

      - Aggregated volume                                          47,689

      - Price                                                      $0.040

 e)   Date of the transaction                                      1 November 2024

 f)   Place of the transaction                                     US Stock Exchange, Nasdaq

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Stanley 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  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)
                                                                                     $3.6100            100
                                                                                     $3.6400            100
                                                                                     $3.6450            200
                                                                                     $3.6500            1500
                                                                                     $3.6550            1370
                                                                                     $3.6600            500
                                                                                     $3.6650            290
                                                                                     $3.6700            774
                                                                                     $3.6750            780
                                                                                     $3.6800            550
                                                                                     $3.6850            1150
                                                                                     $3.6900            650
                                                                                     $3.6950            3312
                                                                                     $3.7000            5910
                                                                                     $3.7050            1626
                                                                                     $3.7100            888
                                                                                     $3.7150            1375
                                                                                     $3.7200            5460
                                                                                     $3.7250            330
                                                                                     $3.7300            4667
                                                                                     $3.7350            675
                                                                                     $3.7400            6010
                                                                                     $3.7450            795
                                                                                     $3.7500            7297
                                                                                     $3.7550            1380

 d)   Aggregated information

      - Aggregated volume                                          47,689

      - Price                                                      $3.7157

 e)   Date of the transaction                                      1 November 2024

 f)   Place of the transaction                                     US Stock Exchange, Nasdaq

 

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