Gates Industrial Corp plc Files 8-K on Director and Officer Changes

Ticker: GTES · Form: 8-K · Filed: Jun 17, 2024 · CIK: 1718512

Gates Industrial Corp PLC 8-K Filing Summary
FieldDetail
CompanyGates Industrial Corp PLC (GTES)
Form Type8-K
Filed DateJun 17, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$0.01, $440,000
Sentimentneutral

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

TL;DR

Gates Industrial Corp plc 8-K: Board shakeup and executive pay changes filed 6/17.

AI Summary

On June 17, 2024, Gates Industrial Corp plc filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the departure of certain officers and the election of new directors, alongside information regarding compensatory arrangements for key executives. Specific details on the individuals involved and the financial implications of these arrangements are provided within the report.

Why It Matters

Changes in a company's board and executive compensation can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in directorships and executive roles can indicate internal shifts that may affect company strategy and stability.

Key Players & Entities

  • Gates Industrial Corp plc (company) — Registrant
  • June 17, 2024 (date) — Filing Date

FAQ

What specific items are covered in the Gates Industrial Corp plc 8-K filing dated June 17, 2024?

The filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits.

Who is the filer for this 8-K report?

The filer is Gates Industrial Corp plc.

What is the Commission File Number for Gates Industrial Corp plc?

The Commission File Number is 001-38366.

What is the principal executive office address for Gates Industrial Corp plc?

The principal executive office address is 1144 Fifteenth Street, Denver, Colorado 80202.

What is the telephone number for Gates Industrial Corp plc?

The telephone number is (303) 744-1911.

Filing Stats: 878 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2024-06-17 16:10:44

Key Financial Figures

  • $0.01 — e on which registered Ordinary Shares, $0.01 par value per share GTES New York Stock
  • $440,000 — e will receive an annual base salary of $440,000 and be eligible for an annual bonus in

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. A copy of the Company's press release relating to the announcement described in Item 5.02, dated June 17, 2024, is furnished as Exhibit 99.1 to this Form 8-K.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits Exhibits Exhibit No. Description 99.1 Press release dated June 17, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GATES INDUSTRIAL CORPORATION PLC (Registrant) By: /s/ L. Brooks Mallard Name: L. Brooks Mallard Title: Chief Financial Officer Date: June 17, 2024

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