CEO of Magnum Ice Cream (MICC) acquires €536k in company stock
Rhea-AI Filing Summary
The Magnum Ice Cream Company N.V.’s Chief Executive Officer, Peter ter Kulve, acquired 40,000 ordinary shares on the Amsterdam Stock Exchange. He bought the shares at €13.414463 each, for a total cost of €536,578.52 on March 19, 2026, as a reportable PDMR transaction.
The company describes itself as the world’s largest ice cream business, with €7.9 billion in revenue in 2025 and brands such as Magnum, Ben & Jerry’s, Cornetto and the Heartbrand across eighty markets.
Positive
- None.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Why was this Magnum Ice Cream (MICC) CEO transaction publicly announced?
The transaction was announced because it involves a person discharging managerial responsibilities (PDMR). EU and UK versions of Market Abuse Regulation 596/2014 require public notification of such dealings in company shares by senior executives like the CEO.
How large is The Magnum Ice Cream Company (MICC) based on recent revenue?
The Magnum Ice Cream Company reported €7.9 billion in revenue in 2025. It describes itself as the world’s largest ice cream company, operating thirty factories, twelve R&D centres and a global portfolio of leading brands across eighty markets.