RNS
MaxCyte Inc

MaxCyte, Inc. - Grant of Options

RNS Number : 4895P
MaxCyte, Inc.
17 February 2021
 

 

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Grant of Options

 

Gaithersburg, Maryland - 17 February 2021: MaxCyte (LSE: MXCT, MXCL, MXCN), the global clinical-stage cell-based therapies and life sciences company, announces that on 16 February 2021, a total of 729,200 options of common stock in the Company ("Common Stock") were granted to PDMRs who are directors or officers of the Company ("Option Grants"). Details of the Option Grants are given below:

 

Option Grants to PDMRs

 

Doerfler, Doug

390,200

Holtz, Ron

177,600

Thompson, J. Stark

26,900

Mandell, Art

26,900

Erck, Stan

26,900

Brooke, Will

26,900

Johnston, John

26,900

Douglas, Richard

26,900

Total

729,200

 

In the case of the Executive Directors and other employees, Option Grants vest 12/48th of the total grant one year after date of grant, and thereafter vest 1/48th per month for 36 months after the date of grant. Option Grants for Non-Executive Directors fully vest at the end of twelve (12) months after date of grant.  The Option Grants have an exercise price of £10.40 equal to the closing price of Maxcyte's stock on 16 February 2021.

 

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

Doerfler, Doug

Holtz, Ron

Thompson, J. Stark

Mandell, Art

Erck, Stan

Brooke, Will

Johnston, John

Douglas, Richard

2

Reason for the notification

a)

Position/status

Doerfler, Doug - CEO and Director

Holtz, Ron - CFO and Director

Thompson, J. Stark - Non-executive Chairman

Mandell, Art - Non-executive Director

Erck, Stan - Non-executive Director

Brooke, Will - Non-executive Director

Johnston, John - Non-executive Director

Douglas, Richard - 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

Grant of Options over Shares 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)

Doerfler, Doug - 390,200 at an exercise price of £10.40

Holtz, Ron - 177,600 at an exercise price of £10.40

Thompson, J. Stark - 26,900 at an exercise price of £10.40

Mandell, Art - 26,900 at an exercise price of £10.40

Erck, Stan - 26,900 at an exercise price of £10.40

Brooke, Will - 26,900 at an exercise price of £10.40

Johnston, John - 26,900 at an exercise price of £10.40

Douglas, Richard - 26,900 at an exercise price of £10.40

 

 

e)

Aggregated information

- Aggregated volume

- Price

N/A

N/A

N/A

f)

Date of the transaction

16 February 2021

g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

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 .

 

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

Financial PR Adviser

Consilium Strategic Communications

Mary-Jane Elliott

Chris Welsh

Sukaina Virji

 

 

 

+44 (0)203 709 5700

maxcyte@consilium-comms.com

 

 

 

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