Allspring Global Investments Holdings, LLC reports beneficial ownership of 12,596,459 shares (5.0%) of Gates Industrial Corp PLC common stock as of 03/31/2026. The filing states Allspring has sole voting power over 12,006,068 shares and sole dispositive power over 12,596,459 shares. The Schedule 13G/A identifies related investment-adviser subsidiaries in Exhibit A and is signed on 04/14/2026.
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Insights
Large passive stake disclosure: 12.6M shares, 5.0% ownership.
Allspring reports a passive beneficial ownership position of 12,596,459 shares representing 5.0% of the class as of 03/31/2026. The filing lists sole voting and dispositive powers in the reported amounts, which clarifies control rights tied to the record holdings.
Exhibit A names investment-adviser subsidiaries that hold shares on behalf of clients. Future filings may show changes if Allspring adjusts client allocations or if any client exceeds regulatory thresholds.
Disclosure aligns with Schedule 13G/A passive-investor requirements.
The amendment identifies record ownership and the corporate address details, and it follows passive-investor reporting conventions by listing advisers in Exhibit A. The statement that no client is known to own more than 5% (other than aggregate) is included verbatim.
Because the filing is an amendment, monitor subsequent amendments for any change in status or voting/dispositive power that could trigger Form 13D or other disclosures.
Key Figures
Reported beneficial ownership:12,596,459 sharesPercent of class:5.0%Sole voting power:12,006,068 shares+2 more
5 metrics
Reported beneficial ownership12,596,459 sharesOwnership reported as of 03/31/2026
Percent of class5.0%Percent of Gates Industrial common stock
Sole voting power12,006,068 sharesNumber with sole power to vote
Sole dispositive power12,596,459 sharesNumber with sole power to dispose
Filing signature date04/14/2026Schedule signed by Senior Compliance Manager
Key Terms
Schedule 13G/A, beneficial ownership, sole dispositive power, investment-adviser subsidiary
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial ownershipregulatory
"Amount beneficially owned: 12,596,459 (b) Percent of class: 5.0 %"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 12,596,459"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
investment-adviser subsidiaryfinancial
"Exhibit A Subsidiary Allspring Global Investments, LLC - IA"
What stake does Allspring (GTES) report in Gates Industrial?
Allspring reports beneficial ownership of 12,596,459 shares, representing 5.0% of Gates Industrial common stock as of 03/31/2026. The filing lists specific voting and dispositive powers and names related adviser subsidiaries in Exhibit A.
How much voting power does Allspring hold in Gates Industrial (GTES)?
Allspring reports sole voting power over 12,006,068 shares of Gates Industrial common stock. The Schedule 13G/A shows no shared voting power and provides the recorded voting and dispositive amounts.
Does Allspring control dispositions of the reported shares in Gates Industrial (GTES)?
Yes; the filing states Allspring has sole dispositive power12,596,459 shares, indicating the firm has the recorded authority to direct sales of those shares on behalf of its clients.
Which Allspring entities are identified as holders for Gates Industrial (GTES)?
Exhibit A lists related entities including Allspring Global Investments, LLC and Allspring Funds Management, LLC, which are investment-adviser subsidiaries that hold or manage the reported shares for clients.
When was the Schedule 13G/A signed and what reporting date does it use for Gates Industrial (GTES)?
The amendment is signed on 04/14/2026 and cites an ownership snapshot dated 03/31/2026, which is the time anchor for the disclosed share counts and percentages.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Gates Industrial Corp PLC
(Name of Issuer)
Common Stock PAR VTG FPD 0.01
(Title of Class of Securities)
G39108108
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G39108108
1
Names of Reporting Persons
Allspring Global Investments Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
12,006,068.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
12,596,459.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,596,459.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Gates Industrial Corp PLC
(b)
Address of issuer's principal executive offices:
1144 FIFTEENTH STREET, SUITE 1400, DENVER, US-CO, 80202, US
Item 2.
(a)
Name of person filing:
Allspring Global Investments Holdings, LLC
(b)
Address or principal business office or, if none, residence:
1415 Vantage Park Drive, Charlotte, 28203, North Carolina, United States
(c)
Citizenship:
DELAWARE
(d)
Title of class of securities:
Common Stock PAR VTG FPD 0.01
(e)
CUSIP No.:
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
12,596,459
(b)
Percent of class:
5.0 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
12,006,068
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
12,596,459
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities as to which this Schedule is filed are owned of record by clients of one or more investment Advisers identified in Exhibit A directly or indirectly owned by Allspring Global Investments Holdings, LLC. Those Clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds for the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows:
None
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit A
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Allspring Global Investments Holdings, LLC
Signature:
Jennifer Grunberg
Name/Title:
Senior Compliance Manager
Date:
04/14/2026
Exhibit Information
Exhibit A
Subsidiary
Allspring Global Investments, LLC - IA
Allspring Funds Management, LLC - IA
*Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on
this schedule 13G.
