secwatch / observer

Gates Industrial Corp plc — fact timeline

Source-grounded facts extracted from Gates Industrial Corp plc's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GTES Gates Industrial Corp plc JSON
Shareholder Votes

Gates Industrial Corp plc shareholders approved Subject to the passing of resolution 7, to authorize the Board to allot equity securities without pre-emptive rights (special resolution). at the 2026-06-04 meeting.

“Resolution 8 : As a special resolution: Subject to the passing of resolution 7, to authorize the Board to allot equity securities without pre-emptive rights. For Against Abstain Broker Non-Vote 230,758,146 8,943,490 24,870 0”
Shareholder Votes

Gates Industrial Corp plc shareholders approved Authorize the Board to allot equity securities in the Company. at the 2026-06-04 meeting.

“Resolution 7 : To authorize the Board to allot equity securities in the Company. For Against Abstain Broker Non-Vote 237,127,030 2,577,237 22,239 0”
Shareholder Votes

Gates Industrial Corp plc shareholders approved Authorize the Audit Committee of the board of directors to determine the remuneration of Deloitte LLP in its capacity as the Company's U.K. statutory auditor. at the 2026-06-04 meeting.

“Resolution 6 : To authorize the Audit Committee of the board of directors of the Company (the "Board") to determine the remuneration of Deloitte LLP in its capacity as the Company's U.K. statutory auditor. For Against Abstain Broker Non-Vote 239,412,868 273,957 39,681 0”
Shareholder Votes

Gates Industrial Corp plc shareholders approved Re-appoint Deloitte LLP as the Company's U.K. statutory auditor under the Companies Act. at the 2026-06-04 meeting.

“Resolution 5 : To re-appoint Deloitte LLP as the Company's U.K. statutory auditor under the Companies Act. For Against Abstain Broker Non-Vote 238,329,555 1,358,787 38,164 0”
Shareholder Votes

Gates Industrial Corp plc shareholders approved Ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-04 meeting.

“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 31, 2026. For Against Abstain Broker Non-Vote 238,330,408 1,358,250 37,848 0”
Shareholder Votes

Gates Industrial Corp plc shareholders approved 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 2026-06-04 meeting.

“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 231,424,477 4,853,537 79,351 3,369,141”
Shareholder Votes

Gates Industrial Corp plc shareholders approved Approve, on an advisory basis, named executive officer compensation. at the 2026-06-04 meeting.

“Resolution 2 : To approve, on an advisory basis, named executive officer compensation. For Against Abstain Broker Non-Vote 232,159,094 4,112,490 85,781 3,369,141”
Shareholder Votes

Gates Industrial Corp plc shareholders approved Election of eight director nominees. at the 2026-06-04 meeting.

“Resolution 1 : To elect eight director nominees. Nominee For Against Abstain Broker Non-Vote Joseph S. Cantie 234,749,835 1,563,066 44,464 3,369,141 Fredrik Eliasson 234,294,668 2,018,200 44,497 3,369,141 James W. Ireland, III 234,288,665 2,022,748 45,952 3,369,141 Ivo Jurek 235,913,434 139,676 304,255 3,369,141 Stephanie K. Mains 231,099,572 5,184,815 72,978 3,369,141 Wilson S. Neely 223,708,818 12,604,084 44,463 3,369,141 Neil P. Simpkins 229,939,498 6,373,403 44,464 3,369,141 Molly P. Zhang 232,678,323 1,575,439 2,103,603 3,369,141”

Joseph S. Cantie was appointed as director at Gates Industrial Corp plc.

“On March 27, 2025, the Board of Directors (the “Board”) of Gates Industrial Corporation plc (the “Company”) appointed Mr. Joseph S. Cantie as a director of the Company, effective March 30, 2025.”

Thomas G. Pitstick was appointed as President, Americas at Gates Industrial Corp plc.

“On August 15, 2024, Thomas G. Pitstick, President APAC and Global Strategy and “named executive officer” of Gates Industrial Corporation plc (the “Company”), was appointed to serve as the Company’s President, Americas, effective August 16, 2024.”

John Patouhas was appointed as Senior Vice President and Chief Accounting Officer at Gates Industrial Corp plc.

“On June 17, 2024, Gates Industrial Corporation plc (the “Company”) announced that its Board of Directors has appointed John Patouhas to serve as Senior Vice President and Chief Accounting Officer, effective June 17, 2024 (the “Effective Date”).”
Earnings Releases

Gates Industrial Corp plc reported the first quarter ended March 30, 2024 results: revenue $862.6 million, net income $40.0 million, EPS $0.15 per diluted share. Guidance raised.

“--- EX-99.1 (EX-99.1) --- Gates Industrial Reports First-Quarter 2024 Results Denver, CO, May 1, 2024 First-Quarter 2024 Financial Summary ◦ First-quarter net sales of $862.6 million, down 3.9% compared to the prior-year period, including core revenue decline of 3.6%. ◦ Net income attributable to shareholders of $40.0 million, or $0.15 per diluted share. ◦”

L. Brooks Mallard was appointed as Principal Accounting Officer at Gates Industrial Corp plc.

“L. Brooks Mallard, the Company’s Executive Vice President, Chief Financial Officer, will assume the responsibilities of the Company’s principal accounting officer, effective as of the Resignation Date, in addition to his current role.”

David M. Wisniewski resigned as Chief Accounting Officer at Gates Industrial Corp plc.

“David M. Wisniewski, Chief Accounting Officer and the principal accounting officer of Gates Industrial Corporation plc (the “Company”), notified the Company of his intention to resign effective on or about April 19, 2024 (the “Resignation Date”) to pursue other opportunities.”
Earnings Releases

Gates Industrial Corp plc updated its the fourth quarter of 2023 and full year ended December 30, 2023 guidance (initiated).

“On February 8, 2024, Gates Industrial Corporation plc announced its financial results for the fourth quarter of 2023 and full year ended December 30, 2023.”
Earnings Releases

Gates Industrial Corp plc reported full year 2023 results: EPS Adjusted EPS $1.22 to $1.28. Guidance raised.

“Raising 2023 full-year adjusted EPS and adjusted EBITDA guidance.”
Earnings Releases

Gates Industrial Corp plc reported third quarter ended September 30, 2023 results: revenue $872.9 million, net income $78.7 million, EPS $0.29 per diluted share.

“Record third-quarter net sales of $872.9 million, up 1.4% compared to the prior-year period and representing a core revenue decrease of (0.5)% year-over-year. ◦ Net income attributable to shareholders of $78.7 million, or $0.29 per diluted share.”
Earnings Releases

Gates Industrial Corp plc reported full year 2023 results: EPS 1.18 to 1.24. Guidance raised.

“The Company is updating its full year financial guidance for 2023”
Earnings Releases

Gates Industrial Corp plc reported second quarter of 2023 results: EPS 0.36.

“EX-99.1 (EX-99.1) --- Gates Industrial Reports Second-Quarter 2023 Results Denver, CO, August 4, 2023 Second-Quarter 2023 Financial Summary ◦ Record second-quarter net sales of $936.3 million, up 3.3% compared to the prior-year period, including core revenue growth of 3.9%. ◦ Net income attributable to shareholders of $64.9 million, or $0.23 per diluted share. ◦”
Shareholder Votes

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.

“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”
Shareholder Votes

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.

“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”
Shareholder Votes

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.

“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”
Shareholder Votes

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.

“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”
Shareholder Votes

Gates Industrial Corp plc shareholders approved To approve, on an advisory basis, named executive officer compensation at the 2023-06-08 meeting.

“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”
Shareholder Votes

Gates Industrial Corp plc shareholders approved Election of nine director nominees at the 2023-06-08 meeting.

“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”
Earnings Releases

Gates Industrial Corp plc reported first quarter of 2023 results: revenue $897.7 million, net income $26.4 million, EPS $0.09 per diluted share. Guidance reaffirmed.

“--- EX-99.1 (EX-99.1) --- Gates Industrial Reports First-Quarter 2023 Results Denver, CO, May 4, 2023 First-Quarter 2023 Financial Summary ◦ Record first-quarter net sales of $897.7 million, up 0.5% compared to the prior-year period, including core revenue growth of 4.0%. ◦ Net income attributable to shareholders of $26.4 million, or $0.09 per diluted share. ◦”
Earnings Releases

Gates Industrial Corp plc reported the fourth quarter of 2022 and full year ended December 31, 2022 results: net income $84.9 million, or $0.30 per diluted share, EPS $0.30 per diluted share.

“On February 9, 2023, Gates Industrial Corporation plc announced its financial results and operating highlights for the fourth quarter of 2022 and full year ended December 31, 2022.”

Terry Klebe resigned as Director at Gates Industrial Corp plc.

“Mr. Terry Klebe notified the Company of his intention to resign from the Company’s Board. This resignation was effective as of December 31, 2022.”

Seth Meisel was appointed as Director at Gates Industrial Corp plc.

“appointed Mr. Seth Meisel as a director of the Company, effective January 1, 2023.”
Debt Financings

Gates Industrial Corp plc amended term loan of $575.0 million with Credit Suisse AG, Cayman Islands Branch at Term SOFR plus 3.50% per annum maturing November 2029.

“Amendment No. 6, among other things, refinanced and replaced the Borrower’s outstanding euro denominated term loans with a new class of $575.0 million of dollar denominated term loans (the “Initial B-4 Dollar Term Loans”).”
Material Agreements

Gates Industrial Corp plc amended Amendment No. 6 with Credit Suisse AG, Cayman Islands Branch as administrative agent and collateral agent, and the other parties and lenders party thereto valued at $575.0 million (effective 2022-11-16).

“On November 16, 2022, certain subsidiaries of Gates Industrial Corporation plc entered into Amendment No. 6 (“Amendment No. 6”) to the Credit Agreement, dated as of July 3, 2014 (as amended by Amendment No. 1, dated as of April 7, 2017, Amendment No. 2, dated as of November 22, 2017, Amendment No. 3, dated as of January 24, 2018, Amendment No. 4, dated as of February 24, 2021, and Amendment No. 5, dated as of November 18, 2021), among Gates Global LLC (the “Borrower”), Omaha Holdings LLC and certain subsidiaries of the Borrower as guarantors, Credit Suisse AG, Cayman Islands Branch as administrative agent and collateral agent, and the other parties and lenders party thereto (as amended, the “Credit Agreement”).”

Julia Kahr resigned as Director at Gates Industrial Corp plc.

“On November 8, 2022, Ms. Julia Kahr notified Gates Industrial Corporation plc (the “Company”) of her intention to resign from the Company’s Board of Directors.”
Earnings Releases

Gates Industrial Corp plc reported the third quarter ended October 1, 2022 results: revenue $860.7 million, net income $51.9 million, EPS $0.18 per diluted share.

“in that filing. --- EX-99.1 (EX-99.1) --- Gates Industrial Reports Third-Quarter 2022 Results Denver, CO, November 4, 2022 Third-Quarter 2022 Highlights ◦ Net sales of $860.7 million, including core revenue growth of 7.6%. ◦ Net income attributable to shareholders of $51.9 million, or $0.18 per diluted share. ◦ Adjusted Net Income of $89.4 million, or $0.31”

Fredrik Eliasson was appointed as director at Gates Industrial Corp plc.

“On October 21, 2022, the Board of Directors (the “Board”) of Gates Industrial Corporation plc (the “Company”) appointed Mr. Fredrik Eliasson as a director of the Company, effective October 24, 2022.”

Walter Lifsey changed role as Executive Vice President and Chief Operating Officer at Gates Industrial Corp plc.

“Walter Lifsey notified Gates Industrial Corporation plc (the “Company”) of his intention to transition from his position as Executive Vice President and Chief Operating Officer to a new non-executive officer role, effective August 1, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.