Director/PDMR Shareholding

Rhea-AI Summary

The Magnum Ice Cream Company N.V. (MICC) reported insider purchases by two persons discharging managerial responsibilities.

Tim Gunning acquired 7,000 shares on 12-Feb-2026 at an aggregated price of €14.226798 totaling €99,587.59. Julien Barraux acquired 4,000 shares on 13-Feb-2026 at an aggregated price of €13.8221775 totaling €55,288.71.

Transactions executed on Amsterdam Stock Exchange (XAMS) in accordance with MAR 596/2014.

News Market Reaction – MICC

-5.47%

9 alerts

-5.47% News Effect

-3.3% Trough in 2 hr 54 min

-$596M Valuation Impact

$10.30B Market Cap

1.2x Rel. Volume

On the day this news was published, MICC declined 5.47%, reflecting a notable negative market reaction. Argus tracked a trough of -3.3% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $596M from the company's valuation, bringing the market cap to $10.30B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Shares acquired (Gunning): 7,000 shares Shares acquired (Barraux): 4,000 shares Price (Barraux trade 1): €13.8240 +5 more

8 metrics

Shares acquired (Gunning) 7,000 shares Chief of Staff & Head of Strategy acquisition on 12-FEB-2026

Shares acquired (Barraux) 4,000 shares Chief Creative Officer acquisition on 13-FEB-2026

Price (Barraux trade 1) €13.8240 Acquisition of 353 shares on 13-FEB-2026

Price (Barraux trade 2) €13.8220 Acquisition of 3,647 shares on 13-FEB-2026

Aggregated price (Barraux) €13.8221775 Aggregated 4,000-share transaction on 13-FEB-2026

Total value (Barraux) €55,288.71 Aggregated consideration for 4,000 shares

Price (Gunning acquisition) €14.226798 Acquisition of 7,000 shares on 12-FEB-2026

Total value (Gunning) €99,587.59 Aggregated consideration for 7,000 shares

Market Reality Check

Price: $16.65 Vol: Volume 1,675,860 is 1.29x...

normal vol

$16.65 Last Close

Volume Volume 1,675,860 is 1.29x the 20-day average of 1,303,879, indicating elevated interest ahead of this filing. normal

Technical Trading above the 200-day MA at 16.51 with a pre-news price of 16.83.

Peers on Argus

No peer stocks were flagged in the momentum scanner and no sector or industry pe...

No peer stocks were flagged in the momentum scanner and no sector or industry peers are provided, suggesting this move is stock-specific rather than sector-driven.

Historical Context

5 past events · Latest: Feb 12 (Negative)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 12	Full-year results	Negative	-17.9%	FY2025 results showed weaker profit and free cash flow versus prior year.
Dec 31	Insider share purchase	Positive	-0.3%	Chief Legal Officer bought 7,491 shares in an insider acquisition filing.
Dec 24	Insider share purchase	Positive	-0.3%	CEO and CFO reported sizable open-market purchases of ordinary shares.
Dec 22	Share awards grant	Neutral	-0.3%	Share awards and celebration grants issued under long-term incentive plans.
Dec 19	Insider share purchase	Positive	-0.6%	Board chair and Americas president disclosed new share purchases.

Pattern Detected

Recent news shows heavy insider buying and share awards often followed by modest negative price moves, while the full-year results triggered a sharp selloff.

Recent Company History

Over the past two months, Magnum Ice Cream Company N.V. has repeatedly reported director and PDMR share dealings, with multiple senior leaders purchasing ordinary shares of €3.50 each across Amsterdam, London and New York. These announcements on Dec 19–31, 2025 saw only small negative price reactions. By contrast, FY 2025 results on Feb 12, 2026 highlighted weaker operating profit and free cash flow, prompting a -17.92% move. Today’s further PDMR acquisitions continue the theme of management increasing personal stakes after the earnings reset.

Market Pulse Summary

The stock moved -5.5% in the session following this news. A negative reaction despite further inside...

Analysis

The stock moved -5.5% in the session following this news. A negative reaction despite further insider purchases would contrast with the supportive signal from today’s acquisitions. Past PDMR buying around Dec 2025 saw only small downside moves, while the major repricing followed the FY2025 results with a -17.92% move. Persistent concerns over profitability and free cash flow, as highlighted in recent filings, could continue to outweigh management’s increased personal stakes.

Key Terms

persons discharging managerial responsibilities, pdmrs, market abuse regulation 596/2014, legal entity identifier, +2 more

6 terms

persons discharging managerial responsibilities regulatory

"NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)"

Persons Discharging Managerial Responsibilities are the key people in a company who make big decisions, like top managers or executives. Knowing who they are is important because their actions can influence the company’s success or failure, and they are often required to share information about their dealings to ensure transparency for investors and the public.

pdmrs regulatory

"NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)"

PDMRs are senior executives, directors or other people with significant decision-making authority whose buying or selling of a company’s shares must be reported under market rules. Investors watch PDMR disclosures because these trades can reveal how confident those running the company are in its prospects and because reporting helps prevent unfair advantage; think of it as noting the captain’s moves to gauge confidence in a ship’s course.

market abuse regulation 596/2014 regulatory

"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.

legal entity identifier regulatory

"Legal Entity Identifier code | 25490052LLF3XH6G9847"

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.

isin regulatory

"Identification Code | Place of Transaction | Currency 13-FEB-2026 | Ordinary shares of €3.50 each | 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.

amsterdam stock exchange - xams financial

"13-FEB-2026 | Ordinary shares of €3.50 each | ISIN: NL0015002MS2 | Amsterdam Stock Exchange - XAMS"

The Amsterdam Stock Exchange - XAMS is the organized marketplace in Amsterdam where shares, bonds and other securities are bought and sold; XAMS is the standard market code used by traders and data systems to identify that venue. Think of it as a large, regulated auction house for securities: it sets trading hours, enforces rules, and provides price information and liquidity that investors use to buy, sell and value investments.

AI-generated analysis. Not financial advice.

The Magnum Ice Cream Company N.V.

(TMICC or the Company)

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

The Company notifies the following acquisitions of ordinary shares of €3.50 each (Shares) of PDMRs.

PDMRs	Number of Shares
Tim Gunning	7,000
Julien Barraux	4,000

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		Julien Barraux
2	Reason for the notification
a)	Position/status		Chief Creative 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
	13-FEB-2026	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Amsterdam Stock Exchange - XAMS	EUR
	Nature of Transaction			Price	Volume	Total
	Acquisition			13.8240	353	4,879.872
				13.8220	3,647	50,408.834
		Aggregated		13.8221775	4,000	55,288.71

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Tim Gunning
2	Reason for the notification
a)	Position/status		Chief of Staff & Head of Strategy
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
	12-FEB-2026	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Amsterdam Stock Exchange - XAMS	EUR
	Nature of Transaction			Price	Volume	Total
	Acquisition			14.226798	7,000	99,587.59
		Aggregated		14.226798	7,000	99,587.59

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 €7.9 billion in revenue in 2025. From Magnum and Ben & Jerry’s to Cornetto and the Heartbrand, our ice cream portfolio delights consumers in eighty markets around the world. TMICC’s legal entity identifier is 25490052LLF3XH6G9847. For more information, visit www.corporate.magnumicecream.com.

FAQ

What insider purchases did MICC report on 12-13 Feb 2026?

Two senior managers bought ordinary MICC shares on 12-13 Feb 2026, showing insider demand. According to the company, Tim Gunning bought 7,000 shares on 12-Feb-2026 and Julien Barraux bought 4,000 shares on 13-Feb-2026 via XAMS.

How much did Tim Gunning spend on MICC shares on 12-Feb-2026?

Tim Gunning spent approximately €99,587.59 acquiring MICC shares on 12-Feb-2026. According to the company, he purchased 7,000 ordinary shares at an aggregated price of €14.226798, executed on Amsterdam Stock Exchange.

What were the details of Julien Barraux's MICC purchase on 13-Feb-2026?

Julien Barraux acquired 4,000 MICC shares on 13-Feb-2026 for an aggregated €55,288.71. According to the company, the trades filled at prices near €13.8221775 on the Amsterdam Stock Exchange (XAMS).

Do these MICC transactions comply with market rules and where were they executed?

Yes. The transactions were notified under MAR 596/2014 and executed on Amsterdam Stock Exchange. According to the company, both purchases were reported as required and executed on XAMS in February 2026.

What is the total number of MICC shares acquired by the two PDMRs in February 2026?

The two PDMRs purchased a combined 11,000 ordinary shares in February 2026. According to the company, Tim Gunning bought 7,000 and Julien Barraux bought 4,000, executed on 12 and 13 February.