Gates Industrial Corp plc (GTES) - Dilution Analysis

10-Q filing | 256.9M shares outstanding

10-Q filing | 260.5M shares outstanding

10-Q filing | 261.6M shares outstanding

10-K filing | 264.7M shares outstanding

10-Q filing | 263.4M shares outstanding

8-K filing: Secondary offering of 20,000,000 ordinary shares by selling stockholders affiliated with Blackstone Inc., with an additional 3,000,000 shares sold upon full exercise of the underwriters' option; the company will repurchase $125 million of ordinary shares from the selling stockholders through a share repurchase contract with Citigroup Global Markets Inc. for 7,539,203 ordinary shares. ($125.0M proceeds)

10-Q filing | 266.8M shares outstanding

8-K filing: Gates Industrial Corporation plc announced the pricing of an underwritten secondary offering of 17,500,000 ordinary shares by selling stockholders affiliated with Blackstone Inc., with an option for the underwriters to purchase an additional 2,625,000 shares, which was exercised in full. The offering is expected to close on May 21, 2024.

10-Q filing | 267.4M shares outstanding

8-K filing: Gates Industrial Corporation plc announced the pricing of an underwritten secondary offering of 17,500,000 ordinary shares by selling stockholders affiliated with Blackstone Inc., with the underwriters exercising their option to purchase an additional 2,625,000 ordinary shares; the company will repurchase 4,151,100 shares from the selling stockholders and certain directors will purchase 1,061,475 shares.

10-K filing | 275.6M shares outstanding

10-Q filing | 267.8M shares outstanding

10-Q filing | 279.9M shares outstanding

8-K filing: Gates Industrial Corporation plc announced the pricing and expected closing of an underwritten secondary offering of 22,500,000 ordinary shares by certain selling stockholders affiliated with Blackstone Inc., with underwriters exercising their option to purchase an additional 3,375,000 ordinary shares. The company also entered into a share repurchase contract with Citigroup Global Markets Inc. to repurchase $250 million of ordinary shares from the selling stockholders. ($250.0M proceeds)

10-Q filing | 287.9M shares outstanding

10-K filing | 287.6M shares outstanding

10-Q filing | 285.2M shares outstanding

10-Q filing | 286.0M shares outstanding

10-Q filing | 296.2M shares outstanding

8-K filing: Selling shareholders sold 5,000,000 ordinary shares of Gates Industrial Corporation plc at $15.14 per share to Citigroup, who exercised their option to purchase an additional 750,000 shares. The company repurchased 8,000,000 shares at $15.14 per share from the selling shareholders.

10-K filing | 297.3M shares outstanding

10-Q filing | 299.7M shares outstanding

8-K filing: Blackstone affiliates pledged 192,337,591 ordinary shares of Gates Industrial Corporation plc as collateral to secure a $565 million loan under a Margin Loan Agreement dated September 28, 2021. The pledged shares represent approximately 65.9% of the issued and outstanding Ordinary Shares as of August 6, 2021.

8-K filing: Selling shareholders of Gates Industrial Corporation plc sold 25,000,000 ordinary shares at a public offering price of $16.00 per share, and the underwriters exercised their option to purchase an additional 3,750,000 ordinary shares, with the offering expected to close on August 16, 2021.

10-Q filing | 297.8M shares outstanding

10-Q filing | 296.4M shares outstanding

8-K filing: Selling shareholders of Gates Industrial Corporation plc are offering 22,000,000 ordinary shares at a public offering price of $15.00 per share, with an option for underwriters to purchase up to 3,300,000 additional shares; the company will not receive any proceeds from the sale. ($330.0M proceeds)

10-K filing | 292.1M shares outstanding

10-Q filing | 292.4M shares outstanding

10-Q filing | 290.7M shares outstanding

10-Q filing | 292.1M shares outstanding

10-K filing | 290.5M shares outstanding