Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) today announced that the Company is aware of a lawsuit filed by Grupo México, S.A.B de C.V. and Infraestructura y Transporte, S.A. de C.V., per a shareholder opposition, aimed at declaring void the following adopted Resolutions: Articles VII, VIII and IX, (VII is related to the appointment of Members of the Board of Directors that represent 10% or more of GAP’s Series “B” shares; VIII is related to the appointment of Members of the Board of Directors by Series “B” shareholders; IX is related to the composition of the Company’s Board of Directors), pertaining to the Agenda of the Annual General Ordinary Shareholders’ Meeting that took place April 16, 2012.
Regarding this legal proceeding, per the request of the accuser, a civil judge from the 16
court in Mexico City declared a suspension of the Resolutions mentioned above. With regards to the individual appointed as an Alternate of the second Director proposed by Grupo Mexico, S.A.B. de C.V., this individual is prohibited from intervening in actions that fall under the responsibility of a Member of the Board of Directors. In addition, Ms. Laura Diez Barroso Azcárraga is prohibited from undertaking functions as an Alternate to Chairman Mr. Eduardo Sánchez Navarro Redo.
The Company is analyzing the effects of the suspension as it can under proceedings already executed, and therefore cannot be suspended, to take appropriate action, and believes that these actions will not affect the function of the Company’s Board of Directors. Any updates related to this subject will be announced as necessary.
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Bajio, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”.