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RNS Number : 2493T

MaxCyte, Inc.

23 November 2021

MaxCyte, Inc.

("MaxCyte" or the "Company")

Purchase of Common Stock - PDMR dealing

Gaithersburg, Maryland, November 23, 2021 - MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT, MXCN), a leading commercial cell-engineering company focused on providing enabling platform technologies to advance innovative cell-based research as well as next-generation cell therapeutic discovery, development and commercialization, announces that Richard Douglas, Non-Executive Chairman of MaxCyte, Inc. purchased 20,000 shares on the open market of common stock of the Company ("Common Stock"). The 20,000 shares of Common Stock were purchased at an average price of $11.124 per share ("Purchase"). The Purchase represents approximately 13% of Richard Douglas' aggregate equity and option holdings in the Company's stock capital.

Following the Purchase, Richard Douglas holds 20,000 shares of Common Stock representing 0.02% of the issued stock capital of the Company. Following the Purchase, Richard Douglas holds a further 131,600 options over Common Stock.

The number of unrestricted shares of Common Stock trading under the symbol 'MXCT' is 100,838,137 and the number of restricted shares of Common Stock trading under the symbol 'MXCL' is 330,000.

MaxCyte Contacts:

 
US IR Adviser                                         +1 415-937-5400 
 Gilmartin Group                                       ir@maxcyte.com 
 David Deuchler, CFA 
Nominated Adviser and Joint Corporate 
 Broker 
 Panmure Gordon 
 Emma Earl / Freddy Crossley 
 Corporate Broking 
 Rupert Dearden                                   +44 (0)20 7886 2500 
 
  UK IR Adviser                                   +44 (0)203 709 5700 
  Consilium Strategic Communications      maxcyte@consilium-comms.com 
  Mary-Jane Elliott 
  Chris Welsh 
 

About MaxCyte

MaxCyte is a leading commercial cell-engineering company focused on providing enabling platform technologies to advance innovative cell-based research as well as next-generation cell therapeutic discovery, development and commercialization. Over the past 20 years, we have developed and commercialized our proprietary Flow Electroporation(R) platform, which facilitates complex engineering of a wide variety of cells. Our ExPERT(TM) 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: three instruments, the ATx(TM), STx(TM) and GTx(TM); a portfolio of proprietary related processing assemblies or disposables; and software protocols, all supported by a robust worldwide intellectual property portfolio.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and/or persons closely associated with them:

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                                     a) Richard Douglas 
      ------------------------------------------------------------  ----------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------------------- 
                                                                          a) Non-Executive Chairman 
  a)    Position/status 
      ------------------------------------------------------------  ----------------------------------------- 
 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   $0.01 ordinary shares 
 
        Identification code 
                                                                      US57777K1060 
      ------------------------------------------------------------  ----------------------------------------- 
 b)    Nature of the transaction                                     Purchase of Common Stock 
      ------------------------------------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s)                                         Price(s) per Ordinary   Volume(s) 
                                                                        Share 
                                                                            a) $11.005              a) 100 
                                                                             b) $11.01               b) 697 
                                                                             c) $11.03               c) 360 
                                                                             d) $11.04               d) 512 
                                                                             e) $11.05               e) 128 
                                                                             f) $11.06               f) 64 
                                                                             g) $11.08               g) 200 
                                                                             h) $11.09               h) 528 
                                                                             i) $11.1                i) 300 
                                                                             j) $11.11               j) 300 
                                                                             k) $11.12               k) 2,400 
                                                                             l) $11.13               l) 3,200 
                                                                             m) $11.139              m) 1,400 
                                                                             n) $11.14               n) 7,000 
                                                                             o) $11.15               o) 2,300 
                                                                             p) $11.159              p) 511 
                                                                      ----------------------  --------------- 
      ------------------------------------------------------------  ----------------------------------------- 
 d)    Aggregated information: 
         *    Aggregated volume:                                       20,000 
                                                                       N/A 
 
        -- Price: 
      ------------------------------------------------------------  ----------------------------------------- 
 e)    Date of the transaction                                       22 November 2021 
      ------------------------------------------------------------  ----------------------------------------- 
 f)    Place of the transaction                                      Nasdaq Stock Market 
      ------------------------------------------------------------  ----------------------------------------- 
 

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November 23, 2021 02:32 ET (07:32 GMT)

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