---
schema_version: "secwatch.filing_event.v1"
accession: "0001718512-24-000041"
form_type: "8-K"
ticker: "GTES"
cik: "0001718512"
company_name: "Gates Industrial Corp plc"
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:56:42.398961+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blackstone-affiliated holders price secondary offering of 17.5M Gates shares

## Summary
- Selling stockholders (Blackstone affiliates) priced 17,500,000 ordinary shares at an undisclosed price.
- Underwriters exercised in full a 30-day option for an additional 2,625,000 shares.
- Offering expected to close on May 21, 2024, subject to customary conditions.
- Company will not receive any proceeds from the sale but will bear certain expenses.
- All shares sold by selling stockholders; no new shares issued by Gates.

## SEC filing metadata
- accession: 0001718512-24-000041
- form_type: 8-K
- ticker: GTES
- cik: 0001718512
- company_name: Gates Industrial Corp plc
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718512/000171851224000041/0001718512-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718512/000171851224000041/gtes-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718512-24-000041
- JSON: https://secwatch.observer/filing/0001718512-24-000041.json
- Plain text: https://secwatch.observer/filing/0001718512-24-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.