Grupo Aeroportuario del Pacifico Announces Filing of 2022 Annual Report and Form 20-F

Rhea-AI Summary

Grupo Aeroportuario del Pacífico (PAC) filed its annual report for the year ended December 31, 2022, with the Mexican National Banking and Securities Commission, the Mexican Stock Exchange, and the SEC. The documents are accessible via respective websites, including the company’s corporate site. GAP operates 12 airports in Mexico's Pacific region and has expanded its operations internationally, notably in Jamaica. The press release highlights the company's commitment to transparency and regulatory compliance, including the implementation of a whistleblower program as per the Sarbanes-Oxley Act.

Positive

• Filing annual report indicates compliance with regulatory requirements.
• Access to reports enhances transparency for investors.
• Continued international expansion reflects growth potential.

Negative

• None.

GUADALAJARA, Mexico, April 13, 2023 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, 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, 2022, to the Mexican National Banking and Securities Commission (“CNBV”), the Mexican Stock Exchange (“BMV”), and the Institutional Stock Market Exchange (“BIVA”), as well as the filling of its Form 20-F to 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 BIVA (www.biva.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 Concessioner 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 Norman Manley International Airport operation 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 June involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 01 800 563 00 47. The website is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

Alejandra Soto, Investor Relations and Social Responsibility Officer	asoto@aeropuertosgap.com.mx
Gisela Murillo, Investor Relations	gmurillo@aeropuertosgap.com.mx/+52 33 3880 1100 ext. 20294

FAQ

What is the significance of Grupo Aeroportuario del Pacífico's recent report filing?

The filing reflects compliance with regulatory requirements, providing transparency for investors.

How can I access Grupo Aeroportuario del Pacífico's annual report?

The report can be accessed on the Mexican Stock Exchange, BIVA, SEC websites, or GAP's corporate website.

What airports does Grupo Aeroportuario del Pacífico operate?

GAP operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana.

What recent international expansions has Grupo Aeroportuario del Pacífico undertaken?

GAP has expanded operations in Jamaica, acquiring stakes in airports there.