MaxCyte, Inc. Grant of Options (7871D)
June 23 2023 - 10:46AM
UK Regulatory
TIDMMXCT TIDMTTM
RNS Number : 7871D
MaxCyte, Inc.
23 June 2023
MaxCyte, Inc.
("MaxCyte" or the "Company")
Grant of Options
ROCKVILLE, MD, June 23, 2023: MaxCyte Inc., (NASDAQ: MXCT; LSE:
MXCT), a leading, cell-engineering focused company providing
enabling platform technologies to advance the discovery,
development and commercialization of next-generation cell-based
therapeutics and to support innovative, cell-based research,
announces that on 22 June 2023, a total of 400,000 options of
common stock in the Company ("Common Stock") were granted to PDMRs
who are non-executive directors of the Company. These annual option
grants were made pursuant to the Company's Equity Grant Policy for
non-executive directors ("Option Grants"). Details of the Option
Grants are given below:
Option Grants to PDMRs
Al-Wakeel, Yasir 50,000
--------
Brooke, Will 50,000
--------
Balthrop, Patrick 50,000
--------
Douglas, Richard 50,000
--------
Erck, Stanley 50,000
--------
Hemrajani, Rekha 50,000
--------
Johnston, John 50,000
--------
Mandell, Art 50,000
--------
Total 400,000
--------
Option Grants for non-executive directors fully vest at the end
of twelve (12) months after date of grant. (1 year cliff until
fully vested).
The Options Grants 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 22 June
2023, of $4.57 on the United States Nasdaq Stock Exchange.
About MaxCyte
At MaxCyte, we pursue cell engineering excellence to maximize
the potential of cells to improve patients' lives. We have spent
more than 20 years honing our expertise by building best-in-class
platforms, perfecting the art of the transfection workflow, and
venturing beyond today's processes to innovate tomorrow's
solutions. Our ExPERT(TM) platform, which is based on our Flow
Electroporation(R) 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. By providing
our partners with the right technology, as well as technical and
regulatory support, we aim to guide them on their journey to
transform human health. Learn more at maxcyte.com and follow us on
Twitter and LinkedIn.
MaxCyte Contacts:
US IR Adviser
Gilmartin Group +1 415-937-5400
David Deuchler, CFA ir@maxcyte.com
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
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name a) Yasir Al-Wakeel
b) Will Brooke
c) Patrick Balthrop
d) Richard Douglas
e) Stanley Erck
f) Rekha Hemrajani
g) John Johnston
h) Art Mandell
--------------------------------- ---------------------------------------
Reason for the notification
2
--------------------------------------------------------------------------
a) Position/status a) Non-Executive Director
b) Non-Executive Director
c) Non-Executive Director
d) Non-Executive Chairman
e) Non-Executive Director
f) Non-Executive Director
g) Non-Executive Director
h) Non-Executive Director
--------------------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------- ---------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name MaxCyte Inc.
--------------------------------- ---------------------------------------
b) LEI 54930053YHXULRFCU991
--------------------------------- ---------------------------------------
Details of the transaction(s): section to be repeated
4 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 Common Stock of $0.01 each
financial instrument,
type of instrument
Identification code US57777K1060
b) Nature of the transaction Grant of options of common stock
--------------------------------- ---------------------------------------
c) Price(s) and volume(s)
---------------------- ------------
Exercise Price(s) Volume(s)
---------------------- ------------
a) $4.57 50,000
------------------------------------------------------------- ------------
b) $4.57 50,000
------------------------------------------------------------- ------------
c) $4.57 50,000
------------------------------------------------------------- ------------
d) $4.57 50,000
------------------------------------------------------------- ------------
e) $4.57 50,000
------------------------------------------------------------- ------------
f) $4.57 50,000
------------------------------------------------------------- ------------
g) $4.57 50,000
------------------------------------------------------------- ------------
h) $4.57 50,000
------------------------------------------------------------- ------------
d) Aggregated information
- Aggregated volume 400,000
- Price $4.57
e) Date of the transaction 22 June 2023
--------------------------------- ---------------------------------------
f) Place of the transaction US Stock Exchange, Nasdaq
--------------------------------- ---------------------------------------
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFJMITMTITBJJ
(END) Dow Jones Newswires
June 23, 2023 10:46 ET (14:46 GMT)
Maxcyte (LSE:MXCT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Maxcyte (LSE:MXCT)
Historical Stock Chart
From Jul 2023 to Jul 2024
