8-K
filed June 12, 2023, 7:59 PM ET
ticker GTES
CIK 0001718512
other material
confidence high
sentiment neutral
materiality 0.15
Gates shareholders approve all proposals at 2023 AGM; say-on-pay passes with 72% support
Gates Industrial Corp plc
- All nine director nominees elected; Neil Simpkins received 86% for, 14% against (38.7M votes against).
- Advisory vote on named executive officer compensation approved (72.2% for, 27.8% against).
- Advisory vote on U.K. directors' remuneration report approved (72.7% for, 27.3% against).
- Deloitte & Touche LLP ratified as independent auditor for FY2023 with 277M for, 219K against.
- Broker non-votes on director and advisory matters totaled 1.2M shares.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Gates Industrial Corp plc shareholders approved To re-appoint Deloitte LLP as the Company’s U.K. statutory auditor under the Companies Act at the 2023-06-08 meeting.
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
Resolution 5 : To re-appoint Deloitte LLP as the Company’s U.K. statutory auditor under the Companies Act (to hold office until the conclusion of the next annual general meeting at which accounts are laid before the Company’s shareholders): For Against Abstain Broker Non-Vote 277,057,396 219,120 4,672 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Gates Industrial Corp plc shareholders approved To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 30, 2023 at the 2023-06-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
Resolution 4 : To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 30, 2023: For Against Abstain Broker Non-Vote 277,057,319 219,275 4,594 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Gates Industrial Corp plc shareholders approved To approve, on an advisory basis, named executive officer compensation at the 2023-06-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
Resolution 2 : To approve, on an advisory basis, named executive officer compensation: For Against Abstain Broker Non-Vote 195,620,245 75,598,869 4,856,972 1,205,102
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Gates Industrial Corp plc shareholders approved Election of nine director nominees at the 2023-06-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
On June 8, 2023, Gates Industrial Corporation plc (the “Company”) held its 2023 annual general meeting of shareholders (the “AGM”). At the AGM, the Company’s shareholders voted on and approved each of the resolutions presented in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 26, 2023. The final number of votes cast for and against, and the final number of abstention votes and broker non-votes, with respect to each matter voted upon by the shareholders were as follows: Resolution 1 : To elect nine director nominees: Nominee For Against Abstain Broker Non-Vote Fredrick Eliasson 275,014,890 1,052,568 8,628 1,205,102 James W. Ireland, III 274,319,260 1,748,196 8,630 1,205,102 Ivo Jurek 274,901,064 1,167,450 7,572 1,205,102 Stephanie K. Mains 274,883,299 1,184,520 8,267 1,205,102 Seth A. Meisel 275,082,190 985,497 8,399 1,205,102 Wilson S. Neely 269,179,460 6,887,996 8,630 1,205,102 Neil P. Simpkins 237,365,765 38,695,803
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Gates Industrial Corp plc shareholders approved To approve, on an advisory basis, the Company’s directors’ remuneration report in accordance with the requirements of the United Kingdom Companies Act 2006 at the 2023-06-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
Resolution 3 : To approve, on an advisory basis, the Company’s directors’ remuneration report in accordance with the requirements of the United Kingdom (the “U.K.”) Companies Act 2006 (the “Companies Act”): For Against Abstain Broker Non-Vote 200,754,693 75,285,586 35,807 1,205,102
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Gates Industrial Corp plc shareholders approved To authorize the Audit Committee to determine the remuneration of Deloitte LLP as the Company’s U.K. statutory auditor at the 2023-06-08 meeting.
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
Resolution 6 : To authorize the Audit Committee of the board of directors of the Company to determine the remuneration of Deloitte LLP in its capacity as the Company’s U.K. statutory auditor: For Against Abstain Broker Non-Vote 277,096,948 178,721 5,519 0
View on SEC.gov
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