The Magnum Ice Cream Company N.V.

MICC

After The Magnum Ice Cream Company (EURONEXT:MICC, LSE:MICC, NYSE:MICC) began its first session as a listed standalone business, finishing at 1,122.4p or €13 per share for a market capitalisation of €7.9 billion, investment banks gave differing views on its prospects.  UBS initiated coverage with a 'buy' rating and a €14.3 price target, citing outperformance in a "subdued" category boosted by and "mounting structural headwinds", a margin expansion plan and "meaningful" free cash flow (FCF) expected from 2028.

The Magnum Ice Cream Company N.V. (TMICC or the Company) NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS) AND THEIR PERSONS CLOSELY ASSOCIATED (PCA)_ The Company notifies the following change in interests in the ordinary shares of EUR3.50 each (Shares) of PDMRs, arising pursuant to the Admission of TMICC to listing on Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange.