BlackRock (NYSE: BLK) reports no beneficial ownership in Gates Industrial (GTES)
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Gates Industrial Corp Ltd. common stock. The filing states that BlackRock beneficially owns 0 shares, representing 0.0% of the class, with no sole or shared voting or dispositive power over any shares. Various other persons may have rights to dividends or sale proceeds of Gates Industrial Corp Ltd. common stock, but no single person is reported to hold more than five percent of the outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 0 shares
Percent of class: 0.0%
Sole voting power: 0 shares
+3 more
6 metrics
Shares beneficially owned
0 shares
Amount beneficially owned under Item 4(a)
Percent of class
0.0%
Percent of Gates Industrial common stock class under Item 4(b)
Sole voting power
0 shares
Sole power to vote or direct the vote under Item 4(c)(i)
Shared voting power
0 shares
Shared power to vote or direct the vote under Item 4(c)(ii)
Sole dispositive power
0 shares
Sole power to dispose or direct disposition under Item 4(c)(iii)
Shared dispositive power
0 shares
Shared power to dispose or direct disposition under Item 4(c)(iv)
Key Terms
beneficially owned, Sole Voting Power, Shared Dispositive Power, Ownership of 5 Percent or Less of a Class, +1 more
5 terms
beneficially owned regulatory
"reflects the securities beneficially owned, or deemed to be beneficially owned"
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 Power regulatory
"Sole Voting Power 0.00 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.
Ownership of 5 Percent or Less of a Class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BlackRock report in its Schedule 13G/A filing for GTES?
BlackRock reported 0 shares of Gates Industrial Corp Ltd. common stock beneficially owned, representing 0.0% of the class. It also reported no sole or shared voting or dispositive power over any GTES shares.
What percentage of Gates Industrial Corp Ltd. (GTES) does BlackRock currently own?
BlackRock reported beneficial ownership of 0.0% of Gates Industrial Corp Ltd. common stock. The filing lists 0 shares beneficially owned and no voting or dispositive power over GTES shares.
What does Item 5 in BlackRock’s GTES Schedule 13G/A indicate?
Item 5 confirms that BlackRock’s beneficial ownership is 5 percent or less of the GTES common stock class. The detailed ownership table specifies 0 shares and 0.0% of the outstanding common stock.
Who signed BlackRock’s amended Schedule 13G for GTES and when?
The amended Schedule 13G for Gates Industrial Corp Ltd. was signed by Spencer Fleming, Managing Director at BlackRock, Inc., dated 08/06/2026, with a Power of Attorney attached as Exhibit 24.