Director/PDMR Shareholding
Rhea-AI Summary
The Magnum Ice Cream Company N.V. (MICC) notified a PDMR shareholding following a director appointment on 16-MAR-2026. Non‑Executive Director Josh Frank holds 5,700 ordinary shares of €3.50 each at appointment.
According to the company, the transaction occurred on 16 March 2026 across the New York Stock Exchange (2,020 shares) and London Stock Exchange (3,680 shares), ISIN NL0015002MS2, LEI 25490052LLF3XH6G9847. Notification is an initial filing under EU/UK Market Abuse Regulation 596/2014.
Positive
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Negative
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News Market Reaction – MICC
On the day this news was published, MICC declined 0.26%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 06 | PDMR share acquisition | Positive | +0.4% | CHRO Ronald Schellekens bought 17,220 shares at $15.2099 on NYSE. |
| Mar 04 | PDMR share acquisition | Positive | +2.5% | President Americas Gerardo Rozanski acquired 40,000 shares in three NYSE trades. |
| Mar 03 | Multiple PDMR buys | Positive | -2.1% | Rozanski and Seckin bought shares on NYSE and Amsterdam at disclosed prices. |
| Mar 03 | Director appointment | Neutral | -2.1% | Company confirmed appointment of Josh Frank as Non-Executive Director. |
| Feb 27 | PDMR share acquisition | Positive | -1.9% | CFO Abhijit Bhattacharya acquired 1,500 shares on Euronext Amsterdam. |
Recent news flow has been dominated by recurring PDMR share acquisitions and board-related disclosures, with mixed short-term price reactions that sometimes diverge from the generally positive signal of insider buying.
Over recent weeks, Magnum Ice Cream Company has repeatedly reported PDMR share acquisitions, including purchases by the CFO, regional presidents, and other senior executives, with individual transactions ranging from 1,500 to 60,000 shares across Amsterdam and New York. A separate announcement on Mar 3, 2026 confirmed the appointment of Josh Frank as Non-Executive Director. Today’s notification adds formal disclosure of Frank’s shareholding and transaction details, extending the pattern of governance- and compliance-driven news under EU/UK Market Abuse Regulation 596/2014.
Market Pulse Summary
This announcement documents Josh Frank’s status as a PDMR and his holding of 5,700 ordinary shares of €3.50 each, fulfilling EU and UK Market Abuse Regulation 596/2014 disclosure rules. It follows a series of recent PDMR acquisition notices and a prior director appointment filing on 16 March 2026. Investors monitoring governance trends may watch for further insider dealings, additional board changes, and how these align with trading around the 14.45–19.93 52-week range.
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 holding of ordinary shares of
| Director | Number of Shares |
| Josh Frank | 5,700 |
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 | Josh Frank | ||||
| 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 | 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 | ||
| 16-MAR-2026 | Ordinary shares of | ISIN: NL0015002MS2 | New York Stock Exchange - XNYS | USD | ||
| Nature of Transaction | | Price | Volume | Total | ||
| Appointment | 0 | 2,020 | 2,020 | |||
| Aggregated | 0 | 2,020 | 2,020 | |||
| Date of Transaction | Description of Instrument | Identification Code | Place of Transaction | Currency | ||
| 16-MAR-2026 | Ordinary shares of | ISIN: NL0015002MS2 | London Stock Exchange - XLON | GBP | ||
| Nature of Transaction | | Price | Volume | Total | ||
| Appointment | 0 | 3,680 | 3,680 | |||
| Aggregated | 0 | 3,680 | 3,680 | |||
| Enquiries | |
| Media Relations media.relations-tmicc@magnumicecream.com | Investor Relations investor.relations-tmicc@magnumicecream.com |
About The Magnum Ice Cream Company
We are the world’s largest ice cream company, headquartered in Amsterdam, The Netherlands and listed on Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange. Home to four of the world’s five largest ice cream brands, with a global team of 16,500 employees, operating thirty factories, twelve R&D centres and a fleet of three million freezer cabinets, we generated
