Grupo Aeroportuario del Pacifico S.A.B. de CV Approves Dividend Payable Before May 31, 2014 and Before November 30, 2014; Announces Executive Changes
April 24, 2014 at 06:17 pm EDT
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Grupo Aeroportuario del Pacifico S.A.B. de CV announced that at the general annual ordinary shareholders' meeting held on April 23, 2014, the company approved allocation from the account for net income pending allocation, of an amount equal to MXN 1,894,965,784.00 for declaring a dividend in the amount of MXN 1,590,000,000.00, to be distributed equally among each share outstanding as of the payment date, excluding the shares repurchased by the company as of each payment date in accordance with Article 56 of the Mexican Securities Market Law; any amounts of net income pending allocation remaining after the payment of such dividend will remain in the account for net income pending allocation. The dividend will be paid in the following manner: (i) MXN 1,192,500,000.00 before May 31, 2014; (ii) MXN 397,500,000.00 before November 30, 2014.
The company ratified Mr. Juan Diez-Canedo Ruiz as member of the Board of Directors. The company ratified Mr. José Vicente Corta Fernández as alternate, in accordance with Article 16 of the company's by-laws. The company ratified Mr. Carlos Cárdenas Guzmán as President of the Audit and Corporate Practices Committee. The company ratified María de los Reyes as alternate director. The company ratified Marín San Andrés as proprietary and Escrig Teigeiro as Alternate director. The company ratified Rodrigo Marabini Ruiz as proprietary and Vicente Grau Alonso as Alternate director.
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. is a holding company. The Company holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The Company's segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies. The Other Companies segment includes Servicios a la Infraestructura Aeroportuaria del Pacifico, S.A. de C.V. (SIAP), a company that provides technical assistance and professional services; Corporativo de Servicios Aeroportuarios, S.A. de C.V. (CORSA), a company that provides operative services specialized in aeronautical industry; Puerta Cero Parking, S.A. de C.V. (PCP), a company that manages the parking lot operation; Fundacion Grupo Aeroportuario del Pacifico, A.C., and Desarrollo de Concesiones Aeroportuarias, S.L. (DCA), as well as the Company's own operation.
GRUPO AEROPORTUARIO DEL PACÍFICO, S.A.B. DE C.V. 
