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RNS Number : 2646G

MaxCyte, Inc.

28 March 2022

The following amendments have been made to the Grant of Options and PDMR Dealing announcement released on 28 March 2022 at 07:00 under RNS number 1548G.

An incorrect Identification Code in section 4.b has been removed.

Section 4.c, Nature of the transaction, has been amended to "Grant of Options" instead of "Exercise of options and Sale of Common Stock by PDMR".

All other details remain unchanged.

The full amended text is shown below.

MaxCyte, Inc.

("MaxCyte" or the "Company")

Grant of Options and PDMR Dealing

Gaithersburg, Maryland - 28 March 2022: MaxCyte, Inc. (NASDAQ: MXCT; LSE: MXCT), 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 on 25 March 2022, a total of 642,000 options of common stock in the Company ("Common Stock") were granted to PDMRs who are officers of the Company ("Option Grants"). Details of the Option Grants are given below:

 
 Option Grants to PDMRs 
 Doerfler, Doug            500,000 
                          -------- 
 Murphy, Amanda            142,000 
                          -------- 
 Total                     642,000 
                          -------- 
 

Option Grants vest 12/48th of the total grant one year after date of grant, and thereafter vest 1/48(th) per month for 36 months after the date of grant. The Option Grants have an exercise price of $7.12 equal to the closing price of Maxcyte's stock on the Nasdaq Stock Exchange on 25 March 2022.

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 
                                                                             Murhphy, Amanda 
     ====================================================================  =========================================== 
 2    Reason for the notification 
     ================================================================================================================= 
 a)   Position/status                                                       Doerfler, Doug - CEO and Director 
                                                                             Murphy, Amanda - CFO 
     ====================================================================  =========================================== 
 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                                                        Grant of Options over Shares of Common 
       the financial instrument,                                             Stock 
       type of instrument 
     ====================================================================  =========================================== 
 b)   Identification 
       Code 
     ====================================================================  =========================================== 
 c)   Nature of the transaction                                             Grant of Options 
     ====================================================================  =========================================== 
 d)   Price(s) and volume(s)                                                Doerfler, Doug - 500,000 at an exercise 
                                                                            price of $7.12 
                                                                            Murphy, Amanda - 142,000 at an exercise 
                                                                            price of $7.12 
     ====================================================================  =========================================== 
 
 e)   Aggregated information                                                N/A 
       - Aggregated volume                                                   N/A 
       - Price                                                               N/A 
     ====================================================================  =========================================== 
 f)   Date of the transaction                                               25 March 2022 
     ====================================================================  =========================================== 
 g)   Place of the transaction                                              Nasdaq Stock Exchange 
     ====================================================================  =========================================== 
 

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: four instruments, the ATx(TM), STx(TM) GTx(TM)and VLx(TM); a portfolio of proprietary related processing assemblies or disposables; and software protocols, all supported by a robust worldwide intellectual property portfolio.

For further information, please contact:

 
 
  MaxCyte Inc. 
    Doug Doerfler, Chief Executive Officer 
    Amanda Murphy, 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         +44 (0)203 709 5700 
    Mary-Jane Elliott                          maxcyte@consilium-comms.com 
    Chris Welsh 
    Sukaina Virji 
 

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END

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