Gates Industrial Corporation Plc shares rise 1.39% after-hours following Gresham House Energy Storage Fund PLC's refinancing of debt facilities.
ByAinvest
Monday, Aug 18, 2025 6:57 pm ET1min read
GTES--
Gates Industrial Corporation Plc rose 1.39% in after-hours trading. The company's stock price increase may be attributed to the news that Gresham House Energy Storage Fund PLC has secured a GBP220 million loan from a syndicate of five lenders, with a legal maturity of 7 years and a 14-year amortisation profile. This refinancing enables the fund to execute on its growth plans, which could positively impact the stock price.
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