The Magnum Ice Cream Company (NYSE: MICC) CEO buys 118,000 shares on market
Rhea-AI Filing Summary
The Magnum Ice Cream Company N.V. reported that three senior executives acquired ordinary shares of EUR 3.50 each in the company on regulated markets in Amsterdam and New York.
Board Chair Jean François van Boxmeer bought 7,800 shares at 12.6707 EUR per share, Chief Executive Officer Peter ter Kulve acquired 118,000 shares at 12.9192 EUR per share, and Chief Human Resources Officer Ronald Schellekens acquired 33,967 shares at 14.7237 USD per share.
The company describes itself as the world’s largest ice cream company, with brands including Magnum, Ben & Jerry’s, Wall’s and Cornetto, generating €7.9 billion in revenue in 2024 and selling products in 80 countries.
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FAQ
What did The Magnum Ice Cream Company (MICC) disclose in this Form 6-K?
The company disclosed acquisitions of ordinary shares by three persons discharging managerial responsibilities (PDMRs): the Board Chair, the Chief Executive Officer and the Chief Human Resources Officer.
How many shares did CEO Peter ter Kulve of MICC buy and at what price?
Chief Executive Officer Peter ter Kulve acquired 118,000 ordinary shares of EUR 3.50 each at a price of 12.9192 EUR per share, for an aggregated transaction reported at that price.
What insider share purchases by other MICC executives were reported?
Board Chair Jean François van Boxmeer bought 7,800 shares at 12.6707 EUR per share, and Chief Human Resources Officer Ronald Schellekens acquired 33,967 shares at 14.7237 USD per share.
On which exchanges were The Magnum Ice Cream Company (MICC) shares acquired?
The report shows transactions in ordinary shares on the Amsterdam Stock Exchange (XAMS) and on the New York Stock Exchange (XNYS), with the nature of each transaction described as an acquisition.
How large is The Magnum Ice Cream Company’s business based on this report?
The company states it is the world’s largest ice cream company, with brands including Magnum, Ben & Jerry’s, Wall’s and Cornetto, operating in 80 countries and generating €7.9 billion in revenue in 2024.
Why was this MICC insider transaction information published?
The notification of PDMR transactions was made in line with the EU and UK versions of Market Abuse Regulation 596/2014, which require disclosure of certain dealings by senior managers in the company’s shares.
