TIDMMXCT TIDMTTM

RNS Number : 8081R

MaxCyte, Inc.

05 March 2019

MaxCyte, Inc.

("MaxCyte" or the "Company")

Grant of Options

Maryland, USA - 05 March 2019: MaxCyte (LSE: MXCT, MXCS), the global cell-based medicines and life sciences company, announces that on 04 March 2019, 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 
                          -------- 
 

Options Grants to PDMRs vest ratably on a monthly basis over 48 months, have an exercise period of 10 years from date of grant, at which time they will expire, and have an exercise price equal to the closing price of MaxCyte's stock on 04 March 2019, of 177.50 pence.

The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:

 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                        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         Initial Notification 
       /Amendment 
     ---------------------------  --------------------------------------------- 
 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           Grant of Options over Shares of Common 
       financial instrument,        Stock 
       type of instrument 
     ---------------------------  --------------------------------------------- 
 b)   Identification code          US57777K1060 
     ---------------------------  --------------------------------------------- 
 c)   Nature of the transactions 
                                     Grant of Options to PDMRs 
     ---------------------------  --------------------------------------------- 
 d)   Price(s) and volume(s)       Doerfler, Doug - 390,200 at an exercise 
                                    price of 177.50 pence 
                                    Holtz, Ron - 177,600 at an exercise price 
                                    of 177.50 pence 
                                    Thompson, J. Stark - 26,900 at an exercise 
                                    price of 177.50 pence 
                                    Mandell, Art - 26,900 at an exercise price 
                                    of 177.50 pence 
                                    Erck, Stan - 26,900 at an exercise price 
                                    of 177.50 pence 
                                    Brooke, Will - 26,900 at an exercise price 
                                    of 177.50 pence 
                                    Johnston, John - 26,900 at an exercise 
                                    price of 177.50 pence 
                                    Douglas, Richard - 26,900 at an exercise 
                                    price of 177.50 pence 
     ---------------------------  --------------------------------------------- 
 d)   Aggregated information        n/a 
       - Aggregated volume 
       - Price 
     ---------------------------  --------------------------------------------- 
 e)   Date of the transactions     04 March 2019 
     ---------------------------  --------------------------------------------- 
 f)   Place of the transaction     Outside a trading venue 
     ---------------------------  --------------------------------------------- 
 

About MaxCyte

MaxCyte is a global cell-based medicines and life sciences company applying its patented cell engineering technology to help patients with high unmet medical needs in a broad range of conditions. MaxCyte is developing novel CARMA therapies for its own pipeline. CARMA is MaxCyte's mRNA-based proprietary platform for autologous cell therapy. In addition, through its core business, the Company leverages its Flow Electroporation(R) Technology to enable its partners across the biopharmaceutical industry to advance the development of innovative medicines, particularly in cell therapy, including gene editing and immuno-oncology. The Company has placed its cutting-edge flow electroporation instruments worldwide, with all of the top ten global biopharmaceutical companies, has more than 55 partnered programme licences in cell therapy including more than 25 licensed for clinical use. With its robust delivery technology, MaxCyte helps its partners to unlock the full potential of their products. For more information, visit www.maxcyte.com

 
   MaxCyte                                   +1 301 944 1660 
    Doug Doerfler, Chief Executive Officer 
     Ron Holtz, Chief Financial Officer 
 
    Nominated Adviser and Broker 
     Panmure Gordon (UK) Limited 
     Emma Earl (Corporate Finance) 
     Freddy Crossley 
     James Stearns (Corporate Broking)        +44 (0) 20 7886 2500 
    Financial PR Adviser                      +44 (0)20 3709 5700 
     Consilium Strategic Communications        maxcyte@consilium-comms.com 
    Mary-Jane Elliott 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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March 05, 2019 02:00 ET (07:00 GMT)

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