Gates Industrial Corporation plc Ordinary Shares (GTES) Social Stream

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$GTES New Press Release:

Gates Announces Pricing of Secondary Offering of 25,000,000 Ordinary Shares

Gates Industrial Corporation plc (NYSE: GTES, "Gates") announced today the pricing of the previously announced secondary offering of 25,000,000 ordinary shares at a price to the public of $16.00 per share by certain selling stockholders affiliated with The Blackstone Group Inc. The selling stockholders have also granted the underwriters a 30-day option to purchase up to 3,750,000 additional ordinary shares. The offering is expected to close on August 16, 2021, subject to customary closing condit (...)

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