Magnum Ice Cream Company (NYSE:MICC) reported a director/PDMR share transaction under EU and UK Market Abuse Regulation 596/2014.
Chief Human Resources Officer Ronald Schellekens acquired 33,760 ordinary shares of €3.50 each on 11 May 2026 at $14.8526 per share, totaling $501,423.78 on the NYSE (ISIN NL0015002MS2).
In the May 12 session, MICC gained 1.48%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Context
This announcement details a PDMR acquisition of 33,760 ordinary shares at 14.8526 USD, disclosed und...
Analysis
This announcement details a PDMR acquisition of 33,760 ordinary shares at 14.8526 USD, disclosed under EU and UK Market Abuse Regulation 596/2014. It adds to a pattern of senior managers buying shares throughout 2026, alongside a solid Q1 trading update and an AGM that approved all resolutions. Investors often monitor such insider activity together with upcoming financial reports and strategic updates to evaluate management’s conviction and the company’s execution against its growth plans.
Key Figures
Nominal share value:€3.50 per shareTransaction price:14.8526 USDShares acquired:33,760 shares+1 more
person discharging managerial responsibilities (pdmr)regulatory
"NOTIFICATION OF A TRANSACTION OF A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR)"
A person discharging managerial responsibilities (PDMR) is a senior executive or board-level individual who regularly has access to confidential, price‑sensitive information about a company. For investors, identifying PDMRs matters because their stock trades must be reported and are closely watched as potential signals of insider knowledge or leadership confidence — like watching team captains’ moves to gauge the team’s prospects.
market abuse regulation 596/2014regulatory
"in accordance with the requirements of the EU and UK version of the Market Abuse Regulation 596/2014"
Regulation 596/2014, known as the Market Abuse Regulation, is the European rulebook that bans insider trading and market manipulation and requires timely public disclosure of crucial company information. It matters to investors because it helps keep prices fair and trustworthy—like rules that stop players from cheating in a game—by forcing companies and insiders to be transparent and making unlawful trading easier to detect and punish.
A legal entity identifier (LEI) is a unique, standardized code that functions like a global ID card for businesses and organizations involved in financial markets. It helps investors and regulators reliably identify who is on the other side of a deal, trace ownership and links between firms, and reduce confusion or fraud — improving transparency for reporting, risk assessment, and cross-border trades.
isinfinancial
"Identification Code | ISIN: NL0015002MS2"
A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider share purchase did Magnum Ice Cream Company (NYSE:MICC) report on 12 May 2026?
Magnum Ice Cream Company reported an insider purchase by its Chief Human Resources Officer on 12 May 2026. According to Magnum Ice Cream Company, Ronald Schellekens acquired 33,760 ordinary shares on 11 May 2026, triggering a PDMR notification under Market Abuse Regulation rules.
How many Magnum Ice Cream Company (MICC) shares did Ronald Schellekens buy and at what price?
Ronald Schellekens bought 33,760 Magnum Ice Cream Company ordinary shares at $14.8526 each. According to Magnum Ice Cream Company, the total transaction value was $501,423.78, and the shares have a nominal value of €3.50 per share, traded on the NYSE.
When did the Magnum Ice Cream Company (MICC) PDMR share transaction take place?
The Magnum Ice Cream Company PDMR share transaction took place on 11 May 2026. According to Magnum Ice Cream Company, Chief Human Resources Officer Ronald Schellekens acquired 33,760 ordinary shares on that date on the New York Stock Exchange under ISIN NL0015002MS2.
On which exchange were the Magnum Ice Cream Company (MICC) PDMR shares acquired and in which currency?
The PDMR shares were acquired on the New York Stock Exchange (XNYS) in US dollars. According to Magnum Ice Cream Company, the ordinary shares of €3.50 nominal value traded at a purchase price of $14.8526 per share during the 11 May 2026 transaction.
What is the total value of the May 2026 Magnum Ice Cream Company (MICC) PDMR share acquisition?
The total value of the May 2026 PDMR share acquisition is $501,423.78. According to Magnum Ice Cream Company, this reflects 33,760 ordinary shares purchased at a price of $14.8526 each by Chief Human Resources Officer Ronald Schellekens.
Why did Magnum Ice Cream Company (MICC) publish a PDMR notification for Ronald Schellekens?
Magnum Ice Cream Company published a PDMR notification to comply with Market Abuse Regulation disclosure rules. According to Magnum Ice Cream Company, the acquisition of 33,760 shares by Ronald Schellekens required public reporting under EU and UK MAR 596/2014 obligations.
