<SEC-DOCUMENT>0000950170-24-030403.txt : 20240312
<SEC-HEADER>0000950170-24-030403.hdr.sgml : 20240312
<ACCEPTANCE-DATETIME>20240312210503
ACCESSION NUMBER:		0000950170-24-030403
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240312
DATE AS OF CHANGE:		20240312

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Gates Industrial Corp plc
		CENTRAL INDEX KEY:			0001718512
		STANDARD INDUSTRIAL CLASSIFICATION:	GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1230

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-38366
		FILM NUMBER:		24744302

	BUSINESS ADDRESS:	
		STREET 1:		1144 FIFTEENTH STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		303-744-4876

	MAIL ADDRESS:	
		STREET 1:		1144 FIFTEENTH STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BX GATES ML-3 HOLDCO LLC
		CENTRAL INDEX KEY:			0001884866
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		C/O BLACKSTONE INC.
		STREET 2:		345 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10154
		BUSINESS PHONE:		212-583-5000

	MAIL ADDRESS:	
		STREET 1:		C/O BLACKSTONE INC.
		STREET 2:		345 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10154
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001884866</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001718512</issuerCik>
<issuerName>Gates Industrial Corp plc</issuerName>
<secFileNumber>001-38366</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">1144 FIFTEENTH STREET</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">Suite 1600</street2>
<city xmlns="http://www.sec.gov/edgar/common">DENVER</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">CO</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">80202</zipCode>
</issuerAddress>
<issuerContactPhone>303-744-1911</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>BX Gates ML-3 Holdco LLC</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>See Remarks</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Citigroup Global Markets Inc.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">390 Greenwich Street</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10013</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>4969</noOfUnitsSold>
<aggregateMarketValue>81839.43</aggregateMarketValue>
<noOfUnitsOutstanding>264271455</noOfUnitsOutstanding>
<approxSaleDate>03/12/2024</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesInformation>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Jefferies LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">520 Madison Avenue</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10022</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>4968</noOfUnitsSold>
<aggregateMarketValue>81822.96</aggregateMarketValue>
<noOfUnitsOutstanding>264271455</noOfUnitsOutstanding>
<approxSaleDate>03/12/2024</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesInformation>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Goldman Sachs &amp; Co. LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">200 West Street</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10282</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>4969</noOfUnitsSold>
<aggregateMarketValue>81839.43</aggregateMarketValue>
<noOfUnitsOutstanding>264271455</noOfUnitsOutstanding>
<approxSaleDate>03/12/2024</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<acquiredDate>09/28/2021</acquiredDate>
<natureOfAcquisitionTransaction>Contributed by parent entity of Blackstone Holdco (as defined below)</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Parent entity of Blackstone Holdco</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>289233</amountOfSecuritiesAcquired>
<paymentDate>09/28/2021</paymentDate>
<natureOfPayment>Contribution for equity</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-1 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>02/16/2024</saleDate>
<amountOfSecuritiesSold>10929079</amountOfSecuritiesSold>
<grossProceeds>131640756.56</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-2 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>02/16/2024</saleDate>
<amountOfSecuritiesSold>10568044</amountOfSecuritiesSold>
<grossProceeds>127292089.98</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-3 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>02/16/2024</saleDate>
<amountOfSecuritiesSold>36186</amountOfSecuritiesSold>
<grossProceeds>435860.37</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-4 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>02/16/2024</saleDate>
<amountOfSecuritiesSold>2229118</amountOfSecuritiesSold>
<grossProceeds>26849726.31</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-5 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>02/16/2024</saleDate>
<amountOfSecuritiesSold>513673</amountOfSecuritiesSold>
<grossProceeds>6187191.29</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-1 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>12/13/2023</saleDate>
<amountOfSecuritiesSold>7765936</amountOfSecuritiesSold>
<grossProceeds>86590186.40</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-2 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>12/13/2023</saleDate>
<amountOfSecuritiesSold>7509392</amountOfSecuritiesSold>
<grossProceeds>83729720.80</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-3 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>12/13/2023</saleDate>
<amountOfSecuritiesSold>25713</amountOfSecuritiesSold>
<grossProceeds>286699.95</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-4 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>12/13/2023</saleDate>
<amountOfSecuritiesSold>1583956</amountOfSecuritiesSold>
<grossProceeds>17661109.40</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>BX Gates ML-5 Holdco LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">345 Park Avenue, 43rd Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10154</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<saleDate>12/13/2023</saleDate>
<amountOfSecuritiesSold>365003</amountOfSecuritiesSold>
<grossProceeds>4069783.45</grossProceeds>
</securitiesSoldInPast3Months>
<remarks>In accordance with the procedures described in the interpretive letter from the staff of the Securities and Exchange Commission to Goldman, Sachs &amp; Co., dated December 20, 1999, and to Bank of America, N.A., Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated, dated December 1, 2011, the Selling Stockholder has entered into covered call transactions relating to Ordinary Shares with each of the brokers (or their respective affiliates) listed in Part 3(c) above, on a pro rata basis. The covered call transactions will be physically settled, unless the Selling Stockholder elects net share settlement or cash settlement. The Selling Stockholder and its affiliates are collectively significant equityholders of the Issuer and an executive of an affiliate of Blackstone Holdco is a member of the board of directors of the Issuer. Ordinary shares sold in the previous 3 months were sold in registered offerings or private transactions, excludable from the Rule 144 volume calculation.</remarks>
<noticeSignature>
<noticeDate>03/12/2024</noticeDate>
<signature>BX Gates ML-3 Holdco LLC By: /s/ Christopher J. James, Title: Authorized Signatory</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
