BlackRock, Inc. has filed an amended Schedule 13G disclosing a significant ownership position in Gates Industrial Corp plc common stock. BlackRock reports beneficial ownership of 28,830,770 shares, representing 11.2% of the outstanding common stock as of the event date of 12/31/2025.
BlackRock has sole power to vote or direct the vote over 28,220,674 shares and sole power to dispose or direct the disposition of 28,830,770 shares, with no shared voting or dispositive power. The filing notes that this reflects securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units, and excludes other disaggregated units.
BlackRock states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Gates Industrial, other than activities solely in connection with a nomination under the specified proxy rule. The interest of one holder, iShares Core S&P Small-Cap ETF, in Gates Industrial common stock exceeds five percent of the total outstanding common stock.
Positive
None.
Negative
None.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in GTES does BlackRock report in this Schedule 13G/A?
BlackRock, Inc. reports beneficial ownership of 28,830,770 shares of Gates Industrial Corp plc common stock, representing 11.2% of the class as of 12/31/2025.
How much voting and dispositive power over GTES shares does BlackRock have?
BlackRock has sole voting power over 28,220,674 GTES shares and sole dispositive power over 28,830,770 shares, with no shared voting or dispositive power reported.
Is BlackRock’s GTES stake intended to influence control of Gates Industrial Corp plc?
BlackRock certifies the GTES securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Gates Industrial Corp plc, other than activities solely in connection with a nomination under § 240.14a-11.
Which BlackRock entities are included in this GTES ownership report?
The filing states it reflects securities beneficially owned, or deemed beneficially owned, by certain Reporting Business Units of BlackRock, Inc. and its subsidiaries and affiliates, and excludes other business units whose beneficial ownership is disaggregated under SEC Release No. 34-39538.
Which fund holds more than 5% of GTES on whose behalf BlackRock reports ownership?
The filing notes that iShares Core S&P Small-Cap ETF has an interest in Gates Industrial Corp plc common stock of more than five percent of the total outstanding common stock.
What is the date of the GTES ownership event reported by BlackRock?
The date of the event requiring this Schedule 13G/A filing is listed as 12/31/2025.
Who signed the BlackRock Schedule 13G/A related to GTES?
The statement is signed by Spencer Fleming, Managing Director, dated 01/21/2026.
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
(Title of Class of Securities)
G39108108
(CUSIP Number)
12/31/2025
(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)
SCHEDULE 13G
CUSIP No.
G39108108
1
Names of Reporting Persons
BlackRock, Inc.
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
28,220,674.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
28,830,770.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
28,830,770.00
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)
11.2 %
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, COLORADO, 80202
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(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:
28,830,770
(b)
Percent of class:
11.2%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
28,220,674
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
28,830,770
(iv) Shared power to dispose or to direct the disposition of:
0
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.
The interest of 1 such person, iShares Core S&P Small-Cap ETF, 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 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.
