Gates Industrial Corp plc
For the period ended Jul 16, 2026. Filed Jul 16, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jul 16, 2026 · Filed Jul 16, 2026
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Ordinary Shares, $0.01 par value per share | GTES | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth Company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 8.01 Other Events.
On July 16, 2026, Gates Industrial Corporation plc (“Old Gates” and together with its subsidiaries, the “Gates Group”) and Gates Industrial Corporation Ltd., a Bermuda exempted company limited by shares (“New Gates”), received approval from the High Court of Justice of England and Wales of a statutory scheme of arrangement under English law (the “Scheme”), previously approved by Old Gates shareholders on June 25, 2026. Pursuant to the Scheme, as previously disclosed, New Gates will become the parent holding company of the Gates Group (the “Redomiciliation”). The Scheme is expected to become effective, and the Redomiciliation is expected to be consummated, on July 20, 2026 (the “Effective Date”).
On the Effective Date, each ordinary share, of $0.01 nominal value per share, of Old Gates (collectively, the “Old Gates Shares”) will be cancelled and Old Gates shareholders as of the record time of the Scheme (5:00 p.m. Eastern Time on July 17, 2026) will receive the equivalent number of common shares, par value $0.01 per share, of New Gates (collectively, the “New Gates Shares”).
Subject to completion of the Scheme, it is expected that the last day of trading of Old Gates Shares on the New York Stock Exchange will be Friday, July 17, 2026, and the New Gates Shares are expected to begin trading under the same ticker symbol (“GTES”) on the New York Stock Exchange on Monday, July 20, 2026.
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