Director/PDMR Shareholding
Rhea-AI Summary
The Magnum Ice Cream Company N.V. (MICC) reports a PDMR transaction: Abhijit Bhattacharya, Chief Financial Officer, acquired 20,000 ordinary shares at €12.48 per share on 30-Apr-2026, totaling €249,600.
Transaction reported under EU/UK Market Abuse Regulation 596/2014; trade executed on Amsterdam Stock Exchange (XAMS), ISIN NL0015002MS2.
AI-generated analysis. Not financial advice.
Positive
- CFO acquisition of 20,000 shares on 30-Apr-2026 for €249,600
- Trade executed on Amsterdam Stock Exchange (XAMS) at €12.48 per share
Negative
- None.
News Market Reaction – MICC
On the day this news was published, MICC declined 0.54%, reflecting a mild negative market reaction. This price movement removed approximately $50M from the company's valuation, bringing the market cap to $9.14B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peer stocks in the Consumer Defensive / Packaged Foods group are flagged in the momentum scanner, suggesting MICC’s 14.32% move is stock-specific rather than a sector-wide rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 31 | Director appointment | Neutral | +0.0% | CFO appointed non-executive director and chair of listed Indian subsidiary. |
| Mar 30 | PDMR share purchases | Positive | +2.2% | Two senior executives disclosed open-market share acquisitions under MAR rules. |
| Mar 24 | PDMR share dealings | Neutral | -1.2% | Multiple executives reported both purchases and a sale across several exchanges. |
| Mar 20 | CEO share purchase | Positive | -1.7% | CEO disclosed a sizeable open-market acquisition of 40,000 ordinary shares. |
| Mar 18 | Equity awards granted | Neutral | -1.7% | Long-term incentive and performance share awards granted to CEO, CFO and PDMRs. |
Recent PDMR dealings and governance updates have generally coincided with modest or negative price moves, with only one prior insider purchase event followed by a clear positive reaction.
Over the last six weeks, MICC’s news flow has been dominated by PDMR share dealings and incentive awards, plus a board appointment for the CFO. Multiple insider purchases on Mar 18–24 and Mar 27–30 were disclosed, alongside CEO and CFO equity grants. Price reactions were mixed, with one prior PDMR purchase day up 2.19% but others slightly negative or flat. Today’s sizeable CFO purchase builds on this pattern of ongoing managerial ownership activity.
Market Pulse Summary
This announcement details a CFO purchase of 20,000 ordinary shares at €12.48 under EU/UK Market Abuse Regulation 596/2014. It extends a recent series of PDMR dealings and equity-based awards disclosed since mid‑March. Investors monitoring MICC may track the scale and frequency of such insider transactions alongside previously reported fundamentals, including recent revenue updates and resale registration activity, to gauge how management’s equity exposure evolves over time.
Key Terms
person discharging managerial responsibilities regulatory
pdmr regulatory
market abuse regulation 596/2014 regulatory
legal entity identifier financial
isin financial
AI-generated analysis. Not financial advice.
The Magnum Ice Cream Company N.V.
(TMICC or the Company)
NOTIFICATION OF A TRANSACTION OF A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR)
The Company notifies the following acquisition of ordinary shares of
This announcement is made in accordance with the requirements of the EU and UK version of the Market Abuse Regulation 596/2014.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name of natural person | Abhijit Bhattacharya | |||||
| 2 | Reason for the notification | ||||||
| a) | Position/status | Chief Financial Officer | |||||
| b) | Initial notification/Amendment | Initial notification | |||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| a) | Name | The Magnum Ice Cream Company N.V. | |||||
| b) | Legal Entity Identifier code | 25490052LLF3XH6G9847 | |||||
| 4 | Details of the transaction(s) summary table | ||||||
| Date of Transaction | Description of Instrument | Identification Code | Place of Transaction | Currency | |||
| 30-APR-2026 | Ordinary shares of | ISIN: NL0015002MS2 | Amsterdam Stock Exchange - XAMS | EUR | |||
| Nature of Transaction | | Price | Volume | Total | |||
| Acquisition | 12.48 | 20,000 | 249,600 | ||||
| Aggregated | 12.48 | 20,000 | 249,600 | ||||
Enquiries | |
| Media Relations media.relations-tmicc@magnumicecream.com | Investor Relations investor.relations-tmicc@magnumicecream.com |
About The Magnum Ice Cream Company
The Magnum Ice Cream Company N.V. (EURONEXT: MICC/ NYSE: MICC/ LSE: MICC) is the world's leading ice cream business. Home to four of the world's five largest ice cream brands: Magnum, Ben & Jerry's, Cornetto and the Heartbrand, our portfolio delights consumers in 80 markets around the world. Headquartered in Amsterdam, The Netherlands, we have a global team of 18,000 employees, a network of 32 factories, 13 R&D centres, and a fleet of three million freezer cabinets. For more information, visit www.corporate.magnumicecream.com. TMICC's legal entity identifier is 25490052LLF3XH6G9847.
