Grupo Aeroportuario Del Pacifico Announces Filing of 2021 Annual Report and Form 20-F

Rhea-AI Summary

Grupo Aeroportuario del Pacífico (PAC) filed its annual report for the year ended December 31, 2021, with the Mexican Stock Exchange and Form 20-F with the U.S. SEC. The reports are accessible via the BMV and SEC websites as well as GAP’s corporate site. The company operates 12 airports in Mexico's Pacific region, including major cities and tourist destinations. GAP's strategic expansions include ownership of Sangster International Airport and a concession for Norman Manley International Airport in Jamaica. The release contains forward-looking statements subject to risks and uncertainties.

Positive

• Successful filing of annual report and Form 20-F, enhancing transparency.
• Operations in key locations with growth potential in Mexico and Jamaica.

Negative

• None.

GUADALAJARA, Mexico, April 22, 2022 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) today announced the filing of its annual report, corresponding to the year ended December 31, 2021, with the Mexican Stock Exchange (“BMV”), as well as the filling of its Form 20-F with the U.S. Securities and Exchange Commission (“the SEC”). These documents can be accessed on following websites: for the BMV (www.bmv.com.mx), for the SEC (www.sec.gov), respectively, or on GAP’s corporate website at www.aeropuertosgap.com.mx on the “Investors” section.

Company Description

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, 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. 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.

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

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.

IR Contacts:
Saúl Villarreal, Chief Financial Officer	svillarreal@aeropuertosgap.com.mx
Alejandra Soto, IRO and Corporate Finance Director	asoto@aeropuertosgap.com.mx
Gisela Murillo, Investor Relations	gmurillo@aeropuertosgap.com.mx / +523338801100 ext. 20294

FAQ

What recent reports has Grupo Aeroportuario del Pacífico (PAC) filed?

PAC filed its annual report for the year ended December 31, 2021, with the Mexican Stock Exchange and Form 20-F with the U.S. SEC.

Where can I access Grupo Aeroportuario del Pacífico's annual reports?

The reports can be accessed on the Mexican Stock Exchange and U.S. SEC websites, as well as on GAP’s corporate website.

What airports does Grupo Aeroportuario del Pacífico operate?

PAC operates 12 airports across Mexico's Pacific region, including in Guadalajara and Tijuana, and key tourist destinations like Puerto Vallarta.

What international assets does Grupo Aeroportuario del Pacífico have?

PAC owns Sangster International Airport in Jamaica and has a concession for the Norman Manley International Airport in Kingston.

What are forward-looking statements in PAC's press release?

Forward-looking statements in PAC's release refer to management's estimates and expectations about future performance and conditions, which are subject to risks.