GUADALAJARA, Mexico – Grupo Aeroportuario del Pacífico, SAB de CV announces that, in accordance with the decision of Mexico’s Supreme Court (Suprema Corte de Justicia de la Nación), which confirmed the validity of the Company’s bylaws, GAP has been notified of the decision of the Superior Court of Mexico City (Tribunal Superior de Justicia de la Ciudad de México), which:
i) declares that Grupo México S.A.B. de C.V. (GM) and Infraestructura y Transportes México, S.A.B. de C.V. (ITM) are in violation of the Company’s bylaws, resulting from the fact that together they hold more than the 10% of the Company’s capital stock allowed under Article X of the bylaws;
ii) orders the sale by GM and ITM of the Series “B” shares held in excess of 10% of the Company’s capital stock; and
iii) instructs that the sale should be conducted through a public offer (Oferta Pública de Venta) in accordance with the laws of Mexico and Article XII of the Company’s bylaws.
The Company reaffirms its strict adherence to the law in defense of the interest of its shareholders and will continue to diligently pursue pending resolutions related to this subject matter.