Orbis Investment Management and Allan Gray Australia Acquire 5.1% Stake in Magnum Ice Cream Co N.V.

On May 15, 2026, Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd filed a Schedule 13G disclosing a combined beneficial ownership of 31,410,730 ordinary shares of Magnum Ice Cream Co N.V. (MICC), representing a 5.1% stake in the company. The filing marks an increase from a previous 0.0% position, crossing the 5% regulatory threshold. Orbis Investment Management Ltd holds the vast majority of the position with 31,375,089 shares, while Allan Gray Australia Pty Ltd holds 35,641 shares. Both reporting persons are non-U.S. institutions equivalent to investment advisers. The shares were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The event triggering this filing occurred on March 31, 2026. The reporting persons have disclaimed beneficial ownership of shares held by each other, despite filing jointly.