Press Releases August 17, 2026 04:05 AM

Correction: Director/PDMR Shareholding

Correction issued on Director/PDMR shareholding disclosures following vesting of share awards

By Maya Rios
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MICC

The Magnum Ice Cream Company N.V. has amended a prior announcement to correct share prices related to the vesting of share awards for several of its senior executives. The transactions involve ordinary shares traded on both the Amsterdam and London Stock Exchanges, with vesting prices and volumes disclosed. The correction aligns with regulations under EU and UK Market Abuse Regulations.

Correction: Director/PDMR Shareholding
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Key Points

  • Multiple senior executives including CEO, Chief Creative Officer, and regional presidents have share awards that recently vested.
  • The shares involved are ordinary shares of €3.50 each and are listed on Amsterdam Stock Exchange and London Stock Exchange.
  • This correction serves to clarify previously reported share price information, ensuring compliance with market disclosure regulations.

The Magnum Ice Cream Company N.V.

(TMICC or the Company)

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

This announcement replaces the version which was issued on 14 August 2026; it reflects a correction of share prices.

The Company notifies changes in ordinary shares of €3.50 each (Shares) of PDMRs, pursuant to the vesting of share awards.

Malus and clawback provisions apply to all awards.

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 personPeter ter Kulve2

 Reason for the notification

 a)

 Position/status

 

 Chief Executive Officerb)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2Amsterdam Stock Exchange - XAMSEUR Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards16.75220,567344,538.38

  Aggregated16.75220,567344,538.38


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personJulien Barraux2

 Reason for the notification

 a)

 Position/status

 

 Chief Creative Officerb)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2Amsterdam Stock Exchange - XAMSEUR Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards16.752

5,560



93,141.12



  Aggregated16.7525,560

93,141.12


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personSandeep Desai2

 Reason for the notification

 a)

 Position/status

 

 Chief Supply Chain and Operations Officerb)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2London Stock Exchange - XLONGBP Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards14.31

5,021

71,850.51



  Aggregated14.315,02171,850.51

  


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personWai-Fung Loh2

 Reason for the notification

 a)

 Position/status

 

 President, Asiab)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2London Stock Exchange - XLONGBP Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards14.31

7,109

101,729.79



  Aggregated14.317,109101,729.79


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personTim Gunning2

 Reason for the notification

         a)

 Position/status

 

 Chief of Staff & Head of Strategyb)

 Initial notification/Amendment

 

 Initial notification3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2Amsterdam Stock Exchange - XAMSEUR Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards16.928

1,733

29,336.22

  Aggregated16.9281,73329,336.22


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personMark O’Brien2

 Reason for the notification

 a)

 Position/status

 

 Chief Technology and Information Officer

        b)

 Initial notification/Amendment

 

 Initial notification3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2London Stock Exchange - XLONGBP Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards14.50

4,665



67,642.50



  Aggregated14.504,665

67,642.50


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personGerardo Rozanski2

 Reason for the notification

 a)

 Position/status

 

 President, Americasb)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2London Stock Exchange - XLONGBP Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards14.31

10,173

145,575.63



  Aggregated14.3110,173145,575.63


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personMustafa Seckin2

 Reason for the notification

 a)

 Position/status

 

 President Europe, and Australia & New Zealandb)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2Amsterdam Stock Exchange - XAMS

EUR Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards16.752

6,642

111,266.78



  Aggregated16.7526,642111,266.78


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personToloy Tahir Tanridagli2

 Reason for the notification

 a)

 Position/status

 

 President, Middle East, Turkey and South Asia

b)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2London Stock Exchange - XLONGBP Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards14.31

4,479

64,094.49



  Aggregated14.314,47964,094.49


 1

 Details of the person discharging managerial responsibilities/person closely associated

 a)

 Name of natural personVanessa Vilar2

 Reason for the notification

 a)

 Position/status

 

 Chief Legal Officerb)

 Initial notification/Amendment

 

 Amendment3

 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

 

 25490052LLF3XH6G98474

 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 12-AUG-2026Ordinary shares of €3.50 eachISIN: NL0015002MS2Amsterdam Stock Exchange - XAMSEUR Nature of Transaction 

 

PriceVolumeTotal Vesting of Share Awards16.752

1,962

32,867.42

  Aggregated16.7521,96232,867.42


Enquiries Media Relations
[email protected]

Investor Relations
[email protected]

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 19,000 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.


Risks

  • Potential market uncertainty if investors perceive the vesting and share transactions as dilution or insider selling risk.
  • Fluctuations in share price around the vesting events could impact stock volatility in consumer goods and retail food sectors.
  • Regulatory scrutiny regarding disclosure accuracy which if managed poorly could affect company reputation in capital markets.

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