RNS Number : 7726I
MaxCyte, Inc.
18 October 2024
 

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Grant of Options and Restricted Stock Units

 

ROCKVILLE, MD, October 18, 2024: 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 therapeutics and to support innovative, cell-based research, announces that on 14 October 2024, Cynthia Collins, a non-executive director, has been granted total of 97,698 options ("Option Grant") in respect of common stock in the Company ("Common Stock"), and 51,679 restricted stock units ("RSU"s), which were agreed in September pursuant to Cynthia's appointment.

 

The Option Grant vests over three (3) years, with the initial vesting of 1/3rd of the total after twelve (12) months, and the remainder vesting monthly over the following 24 months.  The Option Grant 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 14 October 2024, of $3.87 on the United States Nasdaq Stock Exchange.

 

The RSUs vest at the end of twelve (12) months after date of grant.  (1 year cliff until fully vested).

 

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™ 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™, STx™, GTx™ and VLx ™; 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

David Deuchler, CFA

 

+1 415-937-5400

ir@maxcyte.com

 

Nominated Adviser and Joint Corporate Broker

Panmure Liberum

Emma Earl / Freddy Crossley

Corporate Broking

Rupert Dearden

 

+44 (0)20 7886 2500

 

UK IR Adviser

ICR Consilium

Mary-Jane Elliott

Chris Welsh

 

+44 (0)203 709 5700

maxcyte@consilium-comms.com

 

 

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

 

 

Cynthia Collins

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

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

Common Stock of $0.01 each



Identification code

US57777K1060



b)

 

Nature of the transaction

 

 

Grant of options of common stock

c)

 

Price(s) and volume(s)

97,698 Options at an exercise price of $3.87


d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

14 October 2024

f)

 

Place of the transaction

 

 

US Stock Exchange, Nasdaq

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Cynthia Collins

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

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

Grant of restricted stock units



Identification code

US57777K1060



b)

 

Nature of the transaction

 

 

Grant of options of restricted stock units

c)

 

Price(s) and volume(s)

51,679 restricted stock units, price N/A


d)

 

Aggregated information




- Aggregated volume

N/A



- Price

N/A



e)

 

Date of the transaction

 

 

14 October 2024

f)

 

Place of the transaction

 

 

US Stock Exchange, Nasdaq

 

 

 

 

 

 

 

 

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