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Gates Industrial to Redomicile to Bermuda; New shares to trade under GTES July 20

Gates Industrial announced court approval to redomicile to Bermuda and convert shares to New Gates common stock effective July 20, 2026.Key Highlights:Original SEC Filing: Gates Industrial Corp plc [ GTES ] - 8-K - Jul. 16, 2026This is an AI-powered summary. It may contain inaccuracies. Consider ve…

Gates Industrial announced court approval to redomicile to Bermuda and convert shares to New Gates common stock effective July 20, 2026.

Key Highlights:

High Court of Justice (England & Wales) approved statutory scheme to make Gates Industrial Corporation Ltd the new parent.
Old Gates shares will be cancelled and exchanged 1-for-1 for New Gates common shares to holders of record at 5:00 p.m. ET on July 17, 2026.
Scheme expected effective July 20, 2026; last NYSE trading day for Old Gates shares expected July 17, 2026.
New Gates shares expected to begin trading on NYSE under existing ticker GTES on July 20, 2026.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.