Grupo Aeroportuario del Pacifico Pays the Second Portion of the Dividend Approved at the April 23, 2019 Shareholders’ Meeting
GUADALAJARA, Mexico, Nov. 20, 2019 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced that today the Company made a payment of Ps. 4.21 (FOUR PESOS 21/100 M.N.) per outstanding share, which corresponds to the second and final portion of the dividend, as approved at the Annual General Ordinary Shareholders’ Meeting held on April 23, 2019.The second portion of the dividend payment is equivalent to Ps. 2,212,673,052.87 (TWO BILLION TWO HUNDRED AND TWELVE MILLION SIX HUNDRED AND SEVENTY-THREE THOUSAND AND FIFTY-TWO PESOS 87/100 M.N.).Company DescriptionGrupo 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, Guanajuato, 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”. In April 2015, GAP acquired 100% of Desarrollo de Concesiones Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica and took control of the operation in October 2019.In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the “Ley del Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.