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Get filing alertsGates Industrial completes redomiciliation from England to Bermuda; share exchange July 20
Filed July 16, 2026 · Period ending July 16, 2026 · ~1 min read
Key Changes
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high
High Court of Justice of England and Wales approved the statutory scheme of arrangement enabling Gates to redomicile from England to Bermuda, following shareholder approval on June 25, 2026.
Item 8.01 verify on EDGAR → -
high
Each Old Gates ordinary share will be cancelled and exchanged one-for-one for New Gates common shares on July 20, 2026. Record time is 5:00 p.m. ET on July 17, 2026.
Item 8.01 verify on EDGAR → -
medium
Old Gates shares cease trading on NYSE July 17, 2026. New Gates shares begin trading July 20, 2026, under the same ticker symbol GTES.
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Summary
Gates Industrial Corporation plc received final court approval on July 16, 2026, to complete its redomiciliation from England to Bermuda. The High Court of Justice of England and Wales approved the statutory scheme of arrangement previously authorized by shareholders on June 25, 2026. The redomiciliation will make New Gates (Bermuda) the parent holding company of the Gates Group.
The share exchange is structured as a one-for-one cancellation and replacement: each Old Gates ordinary share will be cancelled and exchanged for an equivalent New Gates common share. The record time is 5:00 p.m. Eastern Time on July 17, 2026. Old Gates shares will cease trading on the NYSE on July 17, and New Gates shares will begin trading on July 20, 2026, under the same ticker symbol GTES.
The redomiciliation is expected to be consummated on July 20, 2026. For retail holders, this is a routine corporate reorganization with no change in economic ownership or trading symbol. The one-for-one exchange preserves share count and proportional ownership. The move to Bermuda is a common corporate domicile choice for tax and regulatory flexibility, but shareholders should monitor whether the new jurisdiction affects governance rights or tax treatment of dividends.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 20, 2026 · How we verify