REG-Director/PDMR Shareholding
22/12/2025 08:15
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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 change in interests in the ordinary shares
of EUR3.50 each (Shares) of PDMRs, arising pursuant to the grant of the
following share awards:
(i) 2023 Replacement Performance Share Plan (PSP) Awards and
Replacement Targeted Share Awards (TSA):
The replacement awards are share awards for employees (including Directors)
who, at the time of the Demerger, held unvested awards under the Unilever
Share Plan 2017. These replacement awards are granted under The Magnum Ice
Cream Company Long Term Incentive Plan 2025 over TMICC Shares on substantially
equivalent terms and with a value equivalent to the Unilever shares subject to
the relevant Unilever award that lapsed due to the application of time
pro-rating.
(ii) Rollover awards
Unilever Restricted Stock Unit awards held as at the time of the Demerger are
exchanged for substantially equivalent awards over TMICC Shares, which will
vest on their original vesting date(s), subject to continued
employment/service with the TMICC Group and maintaining satisfactory levels of
personal performance. Awards will continue to be governed by the Unilever
Share Plan 2017, which was adopted by TMICC for this purpose.
(iii) Celebration Award
The Celebration Award (operated under The Magnum Ice Cream Company Celebration
Award Plan) is a one-off share award over the same number of TMICC Shares to
each employee who was part of the TMICC Group at the completion of the
Demerger. Directors are not eligible to receive this award.
Malus and clawback provisions apply to all awards
The number of Shares granted was determined by taking the average closing
share prices (on Euronext Amsterdam, London Stock Exchange and New York Stock
Exchange) for the period 8 to 18 December 2025 inclusive, (being EUR13.41,
GBP11.69 and USD15.60 respectively).
Director 2023 Replacement PSP/TSA Award Rollover Award Celebration Award Total Share Awards
Peter ter Kulve 4,853 41,134 n/a 45,987
Other PDMRs
Julien Barraux 816 11,120 23 11,959
Sandeep Desai 508 10,042 23 10,573
Tim Gunning 55 3,466 23 3,544
Wai-Fung Loh 1,134 14,218 23 15,375
Mark O’Brien n/a 9,330 23 9,353
Gerardo Ronzanski 1,784 20,346 23 22,153
Ronald Schellekens 7,168 n/a 23 7,191
Mustafa Seckin 1,060 13,284 23 14,367
Toloy Tahir Tanridagli 962 8,958 23 9,943
Vanessa Vilar 327 3,924 23 4,274
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 Peter ter Kulve
2 Reason for the notification
a) Position/status Chief Executive 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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 3,126 36,542.94
Aggregated 11.69 3,126 36,542.94
Date of Transaction Description of Instrument Identification Code Place of Transaction Currency
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue EUR
Nature of Transaction Price Volume Total
Grant of Share Awards 13.41 42,861 574,766.01
Aggregated 13.41 42,861 574,766.01
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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue EUR
Nature of Transaction Price Volume Total
Grant of Share Awards 13.41 11,959 160,370.19
Aggregated 13.41 11,959 160,370.19
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Sandeep Desai
2 Reason for the notification
a) Position/status Chief Supply Chain 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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 10,573 123,598.37
Aggregated 11.69 10,573 123,598.37
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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue EUR
Nature of Transaction Price Volume Total
Grant of Share Awards 13.41 3,544 47,525.04
Aggregated 13.41 3,544 47,525.04
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Wai-Fung Loh
2 Reason for the notification
a) Position/status President Asia
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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue EUR
Nature of Transaction Price Volume Total
Grant of Share Awards 13.41 23 308.43
Aggregated 13.41 23 308.43
Date of Transaction Description of Instrument Identification Code Place of Transaction Currency
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 15,352 179,464.88
Aggregated 11.69 15,352 179,464.88
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Mark O’Brien
2 Reason for the notification
a) Position/status Chief Technology and Information 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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 9,353 109,336.57
Aggregated 11.69 9,353 109,336.57
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Gerardo Ronzanski
2 Reason for the notification
a) Position/status President Americas
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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue USD
Nature of Transaction Price Volume Total
Grant of Share Awards 15.60 23 358.80
Aggregated 15.60 23 358.80
Date of Transaction Description of Instrument Identification Code Place of Transaction Currency
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 22,130 258,699.70
Aggregated 11.69 22,130 258,699.70
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Ronald Schellekens
2 Reason for the notification
a) Position/status Chief Human Resources 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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 7,191 8
4
,
0
6
2
.
7
9
Aggregated 11.69 7,191 84,062.79
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Mustafa Seckin
2 Reason for the notification
a) Position/status President of Europe, Australia & New Zealand
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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue EUR
Nature of Transaction Price Volume Total
Grant of Share Awards 13.41 13,307 178,446.87
Aggregated 13.41 13,307 178,446.87
Date of Transaction Description of Instrument Identification Code Place of Transaction Currency
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 1,060 12,391.40
Aggregated 11.69 1,060 12,391.40
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Toloy Tahir Tanridagli
2 Reason for the notification
a) Position/status President of Middle East, Turkey, South Asia and Africa
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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue EUR
Nature of Transaction Price Volume Total
Grant of Share Awards 13.41 23 308.43
Aggregated 13.41 23 308.43
Date of Transaction Description of Instrument Identification Code Place of Transaction Currency
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue GBP
Nature of Transaction Price Volume Total
Grant of Share Awards 11.69 9,920 115,964.80
Aggregated 11.69 9,920 115,964.80
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name of natural person Vanessa Vilar
2 Reason for the notification
a) Position/status Chief Legal 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
19-DEC-2025 Ordinary shares of €3.50 each ISIN: NL0015002MS2 Outside a trading venue EUR
Nature of Transaction Price Volume Total
Grant of Share Awards 13.41 4,274 57,314.34
Aggregated 13.41 4,274 57,314.34
Enquiries
Media Relations media.relations-tmicc@magnumicecream.com Investor Relations investor.relations-tmicc@magnumicecream.com
About The Magnum Ice Cream Company
The Magnum Ice Cream Company is the world’s largest ice cream company. With
an unrivalled portfolio of brands including global power brands Magnum, Ben &
Jerry’s, Wall’s and Cornetto, and with a global fleet of nearly 3 million
freezers, our products are available in 80 countries. The company generated
€7.9 billion in revenue in 2024. TMICC’s legal entity identifier is
25490052LLF3XH6G9847. For more information, visit The Magnum Ice Cream Company
website
(https://www.globenewswire.com/Tracker?data=pKafPxVu_zoMkON6Ag30ivR2_cGyKMihtPNJJPay5_j1s4ciFGvhAcX6_eN06CNu3WC5W3bNdueNaug4iVKc2ffeMg_vuc4OqSiz-yRCbo51oIv1ycuauvhVXg_npYy4It8feBb-B59DRFvkwKVnIgKjUfgwG2Tj0Ef-mdjXdr8=). Recent news on Magnum Ice Cream NV
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