Sec Form 13D Filing - Grupo Mexico S.A.B. de C.V. filing for GRUPO AEROPORTUARIO DEL PACIFI (PAC) - 2021-02-19

Insider filing report for Changes in Beneficial Ownership

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  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D

(Amendment No. 41)*

Under the Securities Exchange Act of 1934

 

 

PACIFIC AIRPORT GROUP

(Name of Issuer)

GRUPO AEROPORTUARIO DEL PACÍFICO, S.A.B. DE C.V.

(Exact Name of Issuer as Specified in its Charter)

SERIES B SHARES

(Title of Class of Securities)

400506101

(CUSIP Number)

Marlene Finny de la Torre

Chief Financial Officer of Grupo México, S.A.B. de C.V.

Attorney-in-Fact of Infraestructura y Transportes México, S.A. de C.V.

Grupo México, S.A.B. de C.V.

Campos Elíseos No. 400

Colonia Lomas de Chapultepec

México City, México 11000

011-5255-1103-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

November 9, 2020

(Date of Event Which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent.

 

 

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).

 

 

 


CUSIP No. 400506101

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Grupo México, S.A.B. de C.V.

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC USE ONLY

 

  4.  

  SOURCE OF FUNDS (see instructions)

 

  5.  

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)

 

  ☐

  6.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Mexico

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.     

  SOLE VOTING POWER

 

  10,000 (See Item 5)

     8.   

  SHARED VOTING POWER

 

  45,221,756 (See Item 5)

     9.   

  SOLE DISPOSITIVE POWER

 

  10,000 (See Item 5)

   10.   

  SHARED DISPOSITIVE POWER

 

  45,221,756 (See Item 5)

11.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  45,231,756 (See Item 5)

12.  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)

 

  ☐

13.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  9.5%**

14.  

  TYPE OF REPORTING PERSON (see instructions)

 

  CO

 

**

The Reporting Persons note that the number set forth in Row (11) represents 8.1% of the total outstanding Issuer Equity Shares based on the Issuer’s report on Form 20-F for the fiscal year ended December 31, 2019.

 

Page 2 of 9


CUSIP No. 400506101

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Infraestructura y Transportes México, S.A. de C.V.

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC USE ONLY

 

  4.  

  SOURCE OF FUNDS (see instructions)

 

  5.  

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)

 

  ☐

  6.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Mexico

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.     

  SOLE VOTING POWER

 

  0 (See Item 5)

     8.   

  SHARED VOTING POWER

 

  45,221,756 (See Item 5)

     9.   

  SOLE DISPOSITIVE POWER

 

  0 (See Item 5)

   10.   

  SHARED DISPOSITIVE POWER

 

  45,221,756 (See Item 5)

11.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  45,221,756 (See Item 5)

12.  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)

 

  ☐

13.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  9.5%

14.  

  TYPE OF REPORTING PERSON (see instructions)

 

  CO

 

Page 3 of 9


This Amendment No. 41 (this “Amendment No. 41”) is being filed by Grupo México, S.A.B. de C.V. (“Grupo México”) and Infraestructura y Transportes México, S.A. de C.V., Grupo México’s 75.0%-owned subsidiary (“ITM” and together with Grupo México, the “Reporting Persons”), with respect to the Series B Shares, without par value (the “Shares”), of Pacific Airport Group (the “Issuer”), and it hereby amends the statement of beneficial ownership on Schedule 13D originally filed on July 9, 2010, as further amended on July 12, 2010, July 13, 2010, August 13, 2010, August 25, 2010, September 22, 2010, October 12, 2010, January 25, 2011, February 16, 2011, March 15, 2011, April 12, 2011, June 14, 2011, July 6, 2011, July 13, 2011, July 28, 2011, August 11, 2011, October 3, 2011, November 14, 2011, December 5, 2011, January 30, 2012, April 10, 2013, April 18, 2013, April 25, 2013, November 14, 2013, January 27, 2014, March 11, 2014, April 2, 2014, July 2, 2014, August 12, 2014, September 8, 2014, October 7, 2014, April 6, 2015, September 14, 2015, October 19, 2015, February 1, 2016, March 3, 2016, April 20, 2016, May 26, 2017, January 9, 2018, October 17, 2018 and December 24, 2019 (collectively with this Amendment No. 41, the “Schedule 13D”). Capitalized terms used herein and not defined herein have the meanings ascribed thereto in the Schedule 13D.

Item 2. Identity and Background

Item 2 is hereby amended and supplemented by adding the following:

Annex I hereto sets forth the name, business address, title, present principal occupation or employment of each director and executive officer on the date hereof of Grupo México. The information set forth in Annex I hereto is incorporated herein by reference.

During the past five years, Grupo México has not, and, to the best of Grupo México’s knowledge, no person listed in Annex I hereto has been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to any civil proceeding of a judicial or administrative body of a competent jurisdiction and as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws, or finding any violation with respect to such laws.

Item 5. Interest in Securities of the Issuer

Item 5 is hereby supplemented by adding the following:

(a, b) Since and including December 24, 2019, Grupo México has disposed of 14,261,304 Shares, as described in Item 5(c) below. As of the date hereof, Grupo México beneficially owns a total of 45,231,756 Shares, consisting of 10,000 Shares that Grupo México owns directly, and 45,221,756 Shares held by ITM. (References to “Shares” in this Item 5 include the Shares evidenced by ADSs beneficially owned by Grupo México). As of the date hereof, ITM beneficially owns a total of 45,221,756 Shares. The Shares directly owned by Grupo México and ITM represent approximately 0.01% and 9.5%, respectively, or 9.5% in the aggregate, of the total outstanding Shares, based on a total of 476,850,000 Shares outstanding as of December 31, 2019, as reported in the Issuer’s Form 20-F for the fiscal year ended December 31, 2019. Except to the extent described below, Grupo México has the sole power to vote or direct the vote of the 10,000 Shares that it owns directly, and has shared power to vote or direct the vote of the 45,221,756 Shares held by ITM. Except to the extent described below, ITM does not have the sole power to vote or direct the vote of any of the 45,221,756 Shares that it owns directly, and has shared power to vote or direct the vote of such Shares. Grupo México has the sole power to dispose or direct the disposition of the 10,000 Shares that it owns directly, and has shared power to dispose or direct the disposition of the 45,221,756 Shares held by ITM. ITM does not have the sole power to dispose or direct the disposition of any of the 45,221,756 Shares that it owns directly, and has shared power to dispose or direct the disposition of such Shares. Grupo México’s beneficial ownership of 45,231,756 Shares represents 8.1% of the total outstanding Issuer Equity Shares, based on a total of 561,000,000 Issuer Equity Shares outstanding as of December 31, 2019, as reported in the Issuer’s Form 20-F for the fiscal year ended December 31, 2019.

 

Page 4 of 9


(c) The table below sets forth the transactions in Shares since and including December 24, 2019 by the Reporting Persons. All such transactions were open market sales by Grupo México or ITM, as applicable, of Shares on the Mexican Stock Exchange in Mexican pesos. The amounts reported in the “Weighted Average Price Per Share” column below reflect a weighted average price for the Shares sold on the particular day. Certain Shares were sold in multiple transactions on one day, each at a price within the range of prices set forth in the “Range of Prices” column below. The Reporting Persons undertake to provide to the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold within the range of prices set forth below.

 

Date of Transaction      Number of
Shares Sold
    Daily
Weighted
Average Price
Per Share
(U.S.$)*
    Daily
Range of Prices
(U.S.$)*
 
  12/23/2019        100,000       11.88 **      11.82-11.94 ** 
  12/24/2019        100,000       11.92 **      11.86-11.97 ** 
  12/26/2019        100,000       11.92 **      11.83-12.03 ** 
  12/27/2019        100,000       12.02 **      11.94-12.13 ** 
  12/30/2019        100,000       11.93 **      11.83-12.02 ** 
  12/31/2019        30,000       11.91 **      11.89-11.94 ** 
  1/2/2020        100,000       12.03 **      11.94-12.10 ** 
  1/3/2020        108,814       12.10 **      12.00-12.16 ** 
  1/6/2020        100,000       12.03 **      11.99-12.08 ** 
  1/7/2020        100,000       12.02 **      11.98-12.09 ** 
  1/8/2020        200,000       12.35 **      12.11-12.49 ** 
  1/9/2020        165,000       12.56 **      12.44-12.65 ** 
  1/10/2020        200,000       12.69 **      12.55-12.78 ** 
  1/13/2020        235,000       12.67 **      12.59-12.77 ** 
  1/14/2020        300,000       12.77 **      12.71-12.85 ** 
  1/15/2020        250,000       13.02 **      12.86-13.40 ** 
  1/16/2020        150,000       13.29 **      13.24-13.55 ** 
  1/17/2020        150,000       13.24 **      13.18-13.36 ** 
  1/20/2020        15,775       13.34 **      13.30-13.39 ** 
  1/21/2020        150,000       13.01 **      12.86-13.12 ** 
  1/22/2020        150,000       13.12 **      13.06-13.25 ** 
  1/23/2020        150,000       12.85 **      12.76-13.00 ** 
  1/24/2020        20,002       12.80 **      12.78-12.90 ** 
  1/28/2020        150,000       12.66 **      12.55-12.74 ** 
  1/29/2020        78,647       12.66 **      12.62-12.71 ** 
  2/11/2020        69,822       13.05 **      13.02-13.21 ** 
  11/9/2020        1,547,806 ***      10.08 **      10.08-10.13 ** 
  11/10/2020        104,024 ***      10.26 **      10.09-10.39 ** 
  11/12/2020        4,590 ***      9.69 **      9.69 ** 
  11/13/2020        236,589 ***      9.81 **      9.80-9.87 ** 
  11/17/2020        208,772 ***      10.37 **      10.31-10.46 ** 
  11/18/2020        91,919 ***      10.40 **      10.33-10.48 ** 
  11/19/2020        200,000 ***      10.45 **      10.40-10.50 ** 
  11/20/2020        224,419 ***      10.61 **      10.54-10.68 ** 
  11/23/2020        205,876 ***      10.66 **      10.57-10.82 ** 
  11/24/2020        619,774 ***      10.95 **      10.88-11.11 ** 
  11/25/2020        89,322 ***      10.87 **      10.77-10.97 ** 

 

Page 5 of 9


2/11/2021
  11/27/2020        80,014 ***      10.50 **      10.48-10.53 ** 
  11/30/2020        132,662 ***      10.35 **      10.31-10.39 ** 
  12/1/2020        1,254,233 ***      10.64 **      10.44-10.83 ** 
  12/2/2020        1,100,000 ***      10.88 **      10.87-11.02 ** 
  12/3/2020        10,903 ***      10.91 **      10.91 ** 
  12/4/2020        97,640 ***      10.83 **      10.78-10.91 ** 
  12/8/2020        94,839 ***      10.81 **      10.71-10.90 ** 
  12/9/2020        125,618 ***      10.78 **      10.71-10.86 ** 
  12/10/2020        204,222 ***      10.91 **      10.84-11.02 ** 
  12/11/2020        298,594 ***      10.94 **      10.83-11.04 ** 
  12/14/2020        147,903 ***      10.85 **      10.74-10.97 ** 
  12/15/2020        94,802 ***      10.96 **      10.81-11.01 ** 
  12/16/2020        355,479 ***      11.05 **      10.98-11.12 ** 
  12/17/2020        205,500 ***      11.56 **      11.25-11.80 ** 
  12/18/2020        650,591 ***      11.54 **      11.42-11.73 ** 
  12/23/2020        538,016 ***      10.96 **      10.96 ** 
  12/24/2020        12,471 ***      11.07 **      11.07 ** 
  12/28/2020        37,129 ***      10.99 **      10.99-11.04 ** 
  12/29/2020        42,761 ***      11.17 **      11.07-11.23 ** 
  12/30/2020        73,175 ***      11.29 **      11.19-11.59 ** 
  12/31/2020        225,658 ***      11.15 **      11.15-11.20 ** 
  1/4/2021        415 ***      11.01 **      11.01-11.02 ** 
  1/6/2021        284,284 ***      11.57 **      11.28-11.73 ** 
  1/7/2021        128,721 ***      11.70 **      11.53-11.78 ** 
  1/8/2021        209,228 ***      11.63 **      11.49-11.83 ** 
  2/2/2021        128,026 ***      10.49 **      10.43-10.68 ** 
  2/3/2021        425 ***      10.40 **      10.40 ** 
  2/4/2021        94,801 ***      10.30 **      10.30 ** 
  2/5/2021        318,742 ***      10.57 **      10.49-10.72 ** 
  2/8/2021        170,262 ***      10.54 **      10.53-10.56 ** 
  2/9/2021        68,938 ***      10.49 **      10.45-10.55 ** 
  2/10/2021        16,354 ***      10.48 **      10.48-10.48 ** 
         1,995 ***      10.52 **      10.52 ** 
  2/17/2021        150,752 ***      10.49 **     
10.42-10.56
** 

 

*

Prices do not include broker commissions.

**

Reported prices reflect conversion into U.S. dollars based upon the peso/dollar exchange ratio at close for such date (as reported by Bloomberg L.P.).

***

Shares sold by ITM.

 

Page 6 of 9


SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned certifies that the information set forth herein is true, complete and correct.

Dated as of: February 19, 2021

 

GRUPO MÉXICO, S.A.B. DE C.V.
By:   /s/ Marlene Finny de la Torre
  Name:   Marlene Finny de la Torre
  Title:   Chief Financial Officer
By:   /s/ Miguel Valdés Neaves
  Name:   Miguel Valdés Neaves
  Title:   Attorney-in-Fact
INFRAESTRUCTURA Y TRANSPORTES MÉXICO, S.A. DE C.V.
By:   /s/ Xaxier García de Quevedo Topete
  Name:   Xaxier García de Quevedo Topete
  Title:   Attorney-in-Fact
By:   /s/ Mauricio Ibañez Campos
  Name:   Mauricio Ibañez Campos
  Title:   Attorney-in-Fact

 

Page 7 of 9


Annex I

GRUPO MÉXICO

Directors and Executive Officers

DIRECTORS AND EXECUTIVE OFFICERS OF GRUPO MÉXICO. The following table sets forth the name, principal business address, title and present principal occupation or employment of each director and executive officer of Grupo México. Each such person is a citizen of Mexico.

 

Name of Director or

Executive

  

Business Address

  

Title

  

Present Principal Occupation or

Employment

Germán Larrea

Mota Velasco

   Campos Elíseos No. 400, Fl 12, Col. Lomas de Chapultepec, C.P. 11000 Mexico City    Chairman of the Board, President and Chief Executive Officer    Chairman of the Board, President and Chief Executive Officer of Grupo México

Alfredo Casar

Pérez

   Bosques de Ciruelos No. 99 -Fl 4, Col. Bosques de las Lomas, C.P. 11700 Mexico City    Director    President, Grupo México Transportes, S.A.B. de C.V.

Oscar González

Rocha

   Torre Parque Reforma. Avenida Campos Elíseos No. 400-Fl 9. Col. Lomas de Chapultepec. C.P. 11000, Mexico City    Director    Chief Executive Officer and President of Southern Copper Corporation

Xavier García de

Quevedo Topete

   Edificio Park Plaza Torre 1, Javier Barros Sierra 540 Fl 9, Col. Santa Fe, C.P. 01219 Mexico City    Vice President of the Board and Executive Vice President    Executive Vice President of Grupo México

Emilio Carrillo

Gamboa

   Torre Parque Reforma. Avenida Campos Elíseos No. 400 Fl 16, Col. Lomas de Chapultepec, C.P. 11000, Mexico City    Director    Partner at Bufete Carrillo Gamboa, S.C.

Fernando Ruiz

Sahagún

   Av. Vasco de Quiroga No. 2121 Fl 4, Col. Peña Blanca Santa Fe, C.P. 01210 Mexico City    Director    Counsel at Chevez, Ruiz, Zamarripa y Cía, S.C.

Antonio Madero

Bracho

   Monte Pelvoux No. 220 Fl 8, Col. Lomas de Chapultepec, C.P. 11000 Mexico City    Director    Executive President of San Luis Rasinni Corporation, S.A. de C.V.

Prudencio López

Martínez

   Bosque de Ciruelos No. 180, Int. 902, Col. Bosques de las Lomas C.P. 11700 Mexico City    Director    President of Sanvica, S.A. de C.V.

Claudio X.

González Laporte

   Jaime Balmes No. 8, Fl 9, Col. Los Morales Polanco C.P. 11510 Mexico City    Director    Chairman of the Board and General Director of Kimberly Clark de México, S.A. de C.V.

Rolando Vega

Sáenz

   Corporativo Arcos Norte “B” Paseo de los Tamarindos No. 60 Fl 5, Col. Bosques de las Lomas, Mexico City    Director    General Director of Seguros Atlas, S.C.

 

Page 8 of 9


Antonio del Valle

Ruiz

   Paseo de la Reforma 365, Fl 1, Col. Cuauhtémoc, C.P. 06500 Mexico City    Director    President Emeritus of Grupo Kaluz, S.A. de C.V.

Carlos Prieto

Sierra

   Marcella No. 44, Col. Juárez, C.P. 06600 Mexico City    Director    President of Escuela Bancaria Comercial EBC

Carlos Rojas Mota

Velasco

   Torre Virreyes, Pedregal No. 24, Fl 19, Col. Molino del Rey, C.P. 11040 Mexico City    Director    General Director of Grupo Rotoplas, S.A. de C.V.

Marlene Finny de

la Torre

   Edificio Park Plaza Torre 1, Javier Barros Sierra 540, Fl 9, Col. Santa Fe, C.P. 01219 Mexico City    Chief Financial Officer    Chief Financial Officer of Grupo México
Fernando López Guerra    Bosques de Ciruelos No. 99 - Fl 4, Col. Bosques de las Lomas, C.P. 11700 Mexico City    Director    Chief Executive Officer of Grupo México Transportes, S.A.B. de C.V.
Luis Castelazo Morales    Bosques de Ciruelos No. 99 - Fl 4, Col. Bosques de las Lomas, C.P. 11700 Mexico City    Director    Director of Empresarios Industriales de México, S.A. de C.V.

 

 

Page 9 of 9