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May 12, 2021, Guadalajara, Mexico (GLOBE NEWSWIRE)-SAB de CV Grupo Aeroportuario del Pacifico (NYSE:PAC, BMW:gap) (“Company” or “GAP”) announced that it will approve the reduction of capital payment at the extraordinary general meeting to be held on April 27, 2021.
The capital reduction payment will be made in accordance with the second resolution passed at the extraordinary general meeting of shareholders and is equivalent to Ps. The outstanding shares per share are 3.8230950615.
The capital reduction payment corresponds to thirty such payments.
Company Profile:
SAB de CV (GAP) Grupo Aeroportuario del Pacífico (GAP) operates 12 airports in the Pacific region of Mexico, including the main cities of Guadalajara and Tijuana, Puerto Vallarta, Four tourist destinations in Los Cabos, La Paz and Manzanillo, as well as six other mid-aircraft cities: Hermosillo, Guanajuato, Morelli Ya, Aguas Calientes, Mexicali and Los Mochis. In February 2006, GAP’s stock was listed on the New York Stock Exchange under the stock code “PAC” and on the Mexican Stock Exchange under the stock code “GAP”. In April 2015, GAP acquired a 100% stake in Desarrollo de Concessioner Aeroportuarias, SL, which holds a majority stake in MBJ Airports Limited, a company that operates Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP signed a franchise agreement to operate Norman Manly International Airport in Kingston, Jamaica. In October 2018, GAP signed a franchise agreement to operate the Norman Manly International Airport in Kingston, Jamaica, and took control of the operation in October 2019.
This press release may contain forward-looking statements. These statements are not historical facts, but are based on management’s current views and estimates of future economic conditions, industry conditions, company performance and financial performance. The words “expect”, “believe”, “estimate”, “expect”, “plan” and similar expressions related to the company are intended to identify forward-looking statements. Examples of forward-looking statements include statements about the announcement or payment of dividends, the implementation of major operating and financing strategies and capital expenditure plans, the direction of future operations, and statements about factors or trends that affect financial conditions, liquidity, or operating results. Such statements reflect the current views of management and are subject to many risks and uncertainties. There is no guarantee that the expected event, trend or result will actually occur. This statement is based on many assumptions and factors, including general economic and market conditions, industry conditions and operating factors. Any changes in such assumptions or factors may cause actual results to differ materially from current expectations.
According to section 806 of the Sarbanes-Oxley Act of 2002 and section 42 of the “City of Ley del Mercado de Valores”, GAP implemented “Whistleblower“A procedure that allows complainants to anonymously and confidentially report suspicious activities that may involve criminal or infringement. With the assistance of the third party responsible for collecting these complaints, the Mexican telephone number is 01-800-563-0047. The Website is www.lineadedenuncia.com/gap. All complaints will be notified to the GAP Audit Committee for immediate investigation.
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