FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 19,596,691.02 shares of GATES INDUSTRIAL CORP PLC common stock, representing 7.7% of the class.
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 19,596,691.02 shares of GATES INDUSTRIAL CORP PLC common stock, representing 7.7% of the class. FMR has sole dispositive power over all these shares and sole voting power over 19,570,252.39 shares, with no shared voting or dispositive power.
Abigail P. Johnson is also reported as a beneficial owner with sole dispositive power over 19,596,691.02 shares and no voting power. One or more other persons have rights to dividends or sale proceeds related to these shares, but no such person has more than 5% of the outstanding common stock.
Positive
None.
Negative
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Key Figures
Shares beneficially owned:19,596,691.02 sharesPercent of class:7.7%Sole voting power:19,570,252.39 shares+4 more
7 metrics
Shares beneficially owned19,596,691.02 sharesCommon stock of Gates Industrial Corp plc reported by FMR LLC
Percent of class7.7%Ownership percentage of GTES common stock reported by FMR LLC
Sole voting power19,570,252.39 sharesShares of GTES over which FMR LLC has sole voting power
Sole dispositive power (FMR LLC)19,596,691.02 sharesShares of GTES over which FMR LLC has sole dispositive power
Sole dispositive power (Abigail P. Johnson)19,596,691.02 sharesShares of GTES over which Abigail P. Johnson has sole dispositive power
Shared voting power0.00 sharesGTES shares with shared voting power reported
Shared dispositive power0.00 sharesGTES shares with shared dispositive power reported
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +2 more
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"5 | Sole Voting Power 19,570,252.39 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"7 | Sole Dispositive Power 19,596,691.02 8 | Shared Dispositive Power 0.00"
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.
percent of classfinancial
"10 11 7.7 % 12"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
parent holding companyfinancial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13Gregulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many GTES shares does FMR LLC report owning in this Schedule 13G/A?
FMR LLC reports beneficial ownership of 19,596,691.02 GTES common shares. This position gives FMR LLC sole dispositive power over all those shares and sole voting power over 19,570,252.39 shares, with no shared voting or dispositive authority.
What percentage of Gates Industrial (GTES) does FMR LLC beneficially own?
FMR LLC reports beneficial ownership of 7.7% of GTES common stock. This percentage is based on 19,596,691.02 shares of common stock and reflects a passive ownership stake reported on a Schedule 13G/A filing.
What are FMR LLC’s voting and dispositive powers over GTES shares?
FMR LLC has sole voting power over 19,570,252.39 GTES shares and sole dispositive power over 19,596,691.02 shares. The filing states there is no shared voting power and no shared dispositive power over any of the reported shares.
How is Abigail P. Johnson related to the GTES share ownership in this filing?
Abigail P. Johnson is listed as a reporting person with sole dispositive power over 19,596,691.02 GTES shares and no voting power. Her ownership is reported alongside FMR LLC’s stake, with authority described through a power of attorney arrangement.
Do other investors share in the economic interest of GTES shares held by FMR LLC?
Yes. The filing states that one or more other persons have rights to receive dividends or sale proceeds from GTES common stock. However, no such person’s interest exceeds five percent of the total outstanding GTES common stock.
What type of security in GTES is reported in this Schedule 13G/A filing?
The filing covers COMMON STOCK of GATES INDUSTRIAL CORP PLC with CUSIP G39108108. All reported figures, including the 19,596,691.02 shares and 7.7% ownership, relate specifically to this class of common stock.
Address or principal business office or, if none, residence:
245 Summer Street, Boston, Massachusetts 02210
(c)
Citizenship:
Not applicable
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP No.:
G39108108
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:
19596691.02
(b)
Percent of class:
7.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Please see the responses to Items 5 and 6 on the cover page.
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
19596691.02
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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.
One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of GATES INDUSTRIAL CORP PLC. No one other person's interest in the COMMON STOCK of GATES INDUSTRIAL CORP PLC is more than five percent of the total outstanding COMMON STOCK.
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 attached Exhibit 99.
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.
FMR LLC
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:
08/05/2026
Abigail P. Johnson
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:
08/05/2026
Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003.
** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.