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MXCT - MaxCyte Inc News Story

899p -3.0  -0.3%

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Sector
Healthcare
Size
Mid Cap
Market Cap £763.9m
Enterprise Value £742.4m
Revenue £18.8m
Position in Universe 500th / 1821

MaxCyte, Inc. MaxCyte, Inc. - MXCR - Director Dealings and Issue of Equity

Fri 19th February, 2021 7:00am
RNS Number : 6562P
MaxCyte, Inc.
19 February 2021
 

 

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Director Dealings and Issue of Equity

 

Total Voting Rights

 

 

Gaithersburg, Maryland - 19 February 2021: MaxCyte (LSE: MXCT, MXCL, MXCN), the global cell-based medicines and life sciences company, announces that Will Brooke, Non-Executive Director of the Company, has exercised options over 40,900 shares of common stock, $0.01 par, of the Company ("Common Stock") ("Exercise"). The 40,900 new shares of Common Stock issued pursuant to the Exercise ("New Common Stock") have been sold by Mr Brooke at a price of 1015 pence per Common Stock ("Sale").

 

Following the Exercise and Sale, Mr Brooke's holding of Common Stock remains unchanged at a total of 50,302 Common Stock, representing 0.1% of the issued share capital of the Company. Mr Brooke holds a further 128,500 options over Common Stock.

 

Total voting rights

 

The new Common Stock will be allocated out of the common stock the subject of the block listing announced on 2 May 2017. The New Common Stock will rank pari passu with the existing shares of common stock of the Company. The total issued stock capital of the Company following the issue of the New Common Stock and following the recent issue of an additional 597,877 new Common Stock to non-PDMRs in satisfaction of the exercise of share options, is 84,555,946 shares of common stock. Shareholders in the Company may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the stock capital of the Company.

The number of unrestricted shares of Common Stock trading under the symbol 'MXCT' is 74,325,857; the number of restricted shares of Common Stock trading under the symbol 'MXCL' is 9,900,089 and the number of restricted shares of Common Stock trading under the symbol 'MXCN' will be 330,000.  

 

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

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

Exercise of options and Sale 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)

Price(s)

Volume(s)

N/A

1015 pence

 

40,900 (option exercise)

40,900 (sale of common stock)

e)

Aggregated information

- Aggregated volume

- Price

N/A

N/A

N/A

f)

Date of the transaction

18 February 2021

g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

For further information, please contact:

 



MaxCyte Inc.

Doug Doerfler, Chief Executive Officer

Ron Holtz, Chief Accounting Officer

 

+1 301 944 1660

 

Nominated Adviser and Joint Corporate Broker

Panmure Gordon

Emma Earl

Freddy Crossley

Corporate Broking

Rupert Dearden

 

+44 (0)20 7886 2500

 

Joint Corporate Broker

Numis Securities Limited

James Black

Duncan Monteith

 

+44 (0)20 7260 1000

Joint Corporate Broker

 

Stifel Nicolaus Europe Limited

Healthcare Investment Banking

Nicholas Moore / Ben Maddison / Samira Essebiyea

Corporate Broking

Nick Adams  

+44 (0) 20 7710 7600


 

 

About MaxCyte

MaxCyte is a world-leading provider of cell-engineering enabling technology and is responsible for helping to bring next-generation cell and gene-editing therapies to life. The Company's technology is deployed by leading drug developers worldwide, including all of the top ten global biopharmaceutical companies. MaxCyte licences have been granted for more than 140 cell therapy programmes, with more than 100 licensed for clinical use, and the Company has now entered into twelve clinical/commercial license partnerships with leading cell therapy and gene editing developers. MaxCyte was founded in 1998, is listed on the London Stock Exchange (LSE: MXCT, MXCL, MXCN) and is headquartered in Gaithersburg, Maryland, US. For more information, visit  www.maxcyte.com .

 

 

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