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
Gilmartin Group
David Deuchler, CFA
+1 415-937-5400
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
Consilium Strategic Communications
Mary-Jane Elliott
Chris Welsh
+44 (0)203 709 5700
maxcyte@consilium-comms.com
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® platform, which facilitates complex engineering of a wide variety of cells. Our ExPERT™ 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™, STx™ and GTx™; 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)
Position/status
a) Non-Executive Chairman
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
Identification code
$0.01 ordinary shares
US57777K1060
b)
Nature of the transaction
Purchase of Common Stock
c)
Price(s) and volume(s)
Price(s) per Ordinary Share
Volume(s)
a) $11.005
b) $11.01
c) $11.03
d) $11.04
e) $11.05
f) $11.06
g) $11.08
h) $11.09
i) $11.1
j) $11.11
k) $11.12
l) $11.13
m) $11.139
n) $11.14
o) $11.15
p) $11.159
a) 100
b) 697
c) 360
d) 512
e) 128
f) 64
g) 200
h) 528
i) 300
j) 300
k) 2,400
l) 3,200
m) 1,400
n) 7,000
o) 2,300
p) 511
d)
Aggregated information:
· Aggregated volume:
· Price:
20,000
N/A
e)
Date of the transaction
22 November 2021
f)
Place of the transaction
Nasdaq Stock Market
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Disclaimer
MaxCyte Inc. published this content on 23 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2021 07:38:05 UTC.
MaxCyte, Inc. is a commercial cell engineering company. The Company is focused on providing enabling platform technologies to advance the discovery, development and commercialization of cell therapeutics, including cell and gene therapies, and to support cell-based research and development. It has developed and commercialized its proprietary Flow Electroporation technology, which is used by biopharmaceutical companies in the complex engineering of a variety of cells. Its ExPERT platform is based on its Flow Electroporation technology, which has been designed to address this rapidly expanding cell therapy market and can be utilized across the continuum of the cell therapy sector, from discovery and development through commercialization of cell-based medicines. The ExPERT family of products includes four instruments, which are known as the ATx, STx, GTx and VLx, as well as a portfolio of proprietary related disposables and consumables.