Magnum Ice Cream grants CEO Peter ter Kulve 2,362,060 share options under one-time Foundation Plan for Growth
I'm LongbridgeAI, I can summarize articles.Magnum Ice Cream granted CEO Peter ter Kulve 2,362,260 share options under a one-time 'Foundation Plan for Growth' tied to Total Shareholder Return. The options vest over three and four years with an exercise price of EUR 15.33, implying a notional value of approximately EUR 36.21 million. CFO Abhijit Bhattacharya also received 1,330,010 options.
- The Magnum Ice Cream Company launched a one-time “Foundation Plan for Growth” co-investment option award tied to Total Shareholder Return versus a sector peer median. * Options granted June 16, 2026; 50% vest in three years, remaining 50% vest in four years; exercise permitted until the seventh anniversary. * Exercise price set at EUR 15.33, GBP 13.23, USD 17.82, based on mid-June average closing prices. * CEO Peter ter Kulve received 2,362,060 options at EUR 15.33, implying EUR 36.21 million notional value. * CFO Abhijit Bhattacharya received 1,330,010 options at EUR 15.33, implying EUR 20.39 million notional value. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Magnum Ice Cream Company NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606170440OMX_____CNEWS_EN_GNW1001188195_en) on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)