Gates Industrial Corporation plc (GTES) Announces 25M Share Offering
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Gates Announces Secondary Offering of 25,000,000 Ordinary Shares
August 10, 2021 4:05 PM EDTDENVER, Aug. 10, 2021 /PRNewswire/ --Â Gates Industrial Corporation plc (NYSE: GTES, "Gates") announced today that certain selling stockholders affiliated with The Blackstone Group Inc. have commenced a secondary offering of 25,000,000 of Gates' ordinary shares. In connection with the offering, the selling stockholders intend to grant to the underwriters a 30-day option to purchase up to 3,750,000 additional ordinary shares.
