Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Amendment No. 42)*
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)
April 15, 2021
(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 persons 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
38,131,130 (See Item 5) | |||||
9. | SOLE DISPOSITIVE POWER
10,000 (See Item 5) | |||||
10. | SHARED DISPOSITIVE POWER
38,131,130 (See Item 5) |
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
38,141,130 (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)
8.6%** | |||||
14. | TYPE OF REPORTING PERSON (see instructions)
CO |
** | The Reporting Persons note that the number set forth in Row (11) represents 7.3% of the total outstanding Issuer Equity Shares based on the Issuers report on Form 20-F for the fiscal year ended December 31, 2020. |
Page 2 of 8
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
38,131,130 (See Item 5) | |||||
9. | SOLE DISPOSITIVE POWER
0 (See Item 5) | |||||
10. | SHARED DISPOSITIVE POWER
38,131,130 (See Item 5) |
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
38,131,130 (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)
8.6% | |||||
14. | TYPE OF REPORTING PERSON (see instructions)
CO |
Page 3 of 8
This Amendment No. 42 (this Amendment No. 42) 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 Méxicos 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, December 24, 2019 and February 19, 2021 (collectively with this Amendment No. 42, 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 ITM. The information set forth in Annex I hereto is incorporated herein by reference.
During the past five years, ITM has not, and, to the best of ITMs 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 February 18, 2021, Grupo México has disposed of 7,080,626 Shares, as described in Item 5(c) below. As of the date hereof, Grupo México beneficially owns a total of 38,141,130 Shares, consisting of 10,000 Shares that Grupo México owns directly, and 38,131,130 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 38,131,130 Shares. The Shares directly owned by Grupo México and ITM represent approximately 0.01% and 8.6%, respectively, or 8.6% in the aggregate, of the total outstanding Shares, based on a total of 441,425,547 Shares outstanding as of December 31, 2020, as reported in the Issuers Form 20-F for the fiscal year ended December 31, 2020. 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 38,131,130 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 38,131,130 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 38,131,130 Shares held by ITM. ITM does not have the sole power to dispose or direct the disposition of any of the 38,131,130 Shares that it owns directly, and has shared power to dispose or direct the disposition of such Shares. Grupo Méxicos beneficial ownership of 38,141,130 Shares represents 7.3% of the total outstanding Issuer Equity Shares, based on a total of 525,575,547 Issuer Equity Shares outstanding as of December 31, 2020, as reported in the Issuers Form 20-F for the fiscal year ended December 31, 2020.
(c) The table below sets forth the transactions in Shares since and including February 18, 2021 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.
Page 4 of 8
Date of Transaction |
Number of Shares Sold |
Daily Weighted Average Price Per Share (U.S.$)* |
Daily Range of Prices (U.S.$)* |
|||||||||
2/18/2021 |
20,685 | *** | 10.36 | ** | 10.34-10.42 | ** | ||||||
2/19/2021 |
59,288 | *** | 10.32 | ** | 10.28-10.44 | ** | ||||||
2/22/2021 |
96,402 | *** | 10.14 | ** | 10.13-10.17 | ** | ||||||
2/23/2021 |
103,575 | *** | 10.32 | ** | 10.23-10.52 | ** | ||||||
2/24/2021 |
83,873 | *** | 10.51 | ** | 10.40-10.62 | ** | ||||||
2/25/2021 |
86,279 | *** | 10.25 | ** | 10.07-10.42 | ** | ||||||
2/26/2021 |
111,405 | *** | 10.14 | ** | 10.07-10.23 | ** | ||||||
3/1/2021 |
225,000 | *** | 10.37 | ** | 10.28-10.45 | ** | ||||||
3/2/2021 |
266,694 | *** | 10.56 | ** | 10.30-10.71 | ** | ||||||
3/3/2021 |
58,555 | *** | 10.72 | ** | 10.50-10.83 | ** | ||||||
3/4/2021 |
161,145 | *** | 10.79 | ** | 10.55-10.93 | ** | ||||||
3/5/2021 |
282,950 | *** | 10.65 | ** | 10.56-10.75 | ** | ||||||
3/8/2021 |
98,905 | *** | 10.55 | ** | 10.50-10.65 | ** | ||||||
3/10/2021 |
180,972 | *** | 10.62 | ** | 10.62-10.67 | ** | ||||||
3/11/2021 |
157,407 | *** | 10.95 | ** | 10.92-11.06 | ** | ||||||
3/12/2021 |
141,357 | *** | 11.09 | ** | 10.87-11.21 | ** | ||||||
3/16/2021 |
264,455 | *** | 11.28 | ** | 11.25-11.40 | ** | ||||||
3/17/2021 |
235,226 | *** | 11.54 | ** | 11.43-11.69 | ** | ||||||
3/18/2021 |
237,209 | *** | 11.48 | ** | 11.27-11.80 | ** | ||||||
3/19/2021 |
244,039 | *** | 11.06 | ** | 10.97-11.27 | ** | ||||||
3/22/2021 |
94,576 | *** | 11.01 | ** | 10.93-11.08 | ** | ||||||
3/23/2021 |
1,495 | *** | 10.80 | ** | 10.79-10.81 | ** | ||||||
3/24/2021 |
6,676 | *** | 10.52 | ** | 10.51-10.55 | ** | ||||||
3/31/2021 |
104,053 | *** | 10.38 | ** | 10.28-10.49 | ** | ||||||
4/5/2021 |
281,760 | *** | 10.50 | ** | 10.40-10.91 | ** | ||||||
4/6/2021 |
230,217 | *** | 10.72 | ** | 10.57-10.77 | ** | ||||||
4/7/2021 |
106,590 | *** | 10.77 | ** | 10.65-10.84 | ** | ||||||
4/8/2021 |
219,505 | *** | 10.95 | ** | 10.79-11.12 | ** | ||||||
4/9/2021 |
81,152 | *** | 10.96 | ** | 10.88-11.05 | ** | ||||||
4/12/2021 |
200,957 | *** | 10.59 | ** | 10.52-10.66 | ** | ||||||
4/13/2021 |
167,656 | *** | 10.70 | ** | 10.50-10.85 | ** | ||||||
4/14/2021 |
99,898 | *** | 10.80 | ** | 10.72-10.89 | ** | ||||||
4/15/2021 |
103,835 | *** | 10.78 | ** | 10.70-10.85 | ** | ||||||
4/16/2021 |
115,046 | *** | 10.76 | ** | 10.64-10.82 | ** | ||||||
4/19/2021 |
4,873 | *** | 10.62 | ** | 10.63-10.76 | ** | ||||||
4/20/2021 |
5,000 | *** | 10.47 | ** | 10.46-10.47 | ** | ||||||
4/21/2021 |
125,000 | *** | 10.67 | ** | 10.50-10.77 | ** | ||||||
4/22/2021 |
125,914 | *** | 10.84 | ** | 10.84-10.90 | ** | ||||||
4/23/2021 |
101,353 | *** | 10.97 | ** | 10.82-11.04 | ** | ||||||
4/26/2021 |
85,110 | *** | 10.69 | ** | 10.63-10.80 | ** | ||||||
4/27/2021 |
134,018 | *** | 10.67 | ** | 10.63-10.78 | ** | ||||||
4/28/2021 |
22,017 | *** | 10.61 | ** | 10.57-10.69 | ** | ||||||
4/29/2021 |
99,884 | *** | 10.53 | ** | 10.47-10.75 | ** | ||||||
4/30/2021 |
30,689 | *** | 10.44 | ** | 10.37-10.52 | ** | ||||||
5/4/2021 |
80,000 | *** | 10.53 | ** | 10.50-10.59 | ** | ||||||
5/5/2021 |
88,641 | *** | 10.61 | ** | 10.57-10.64 | ** | ||||||
5/6/2021 |
307,372 | *** | 10.77 | ** | 10.71-10.82 | ** | ||||||
5/7/2021 |
405,000 | *** | 10.80 | ** | 10.73-10.96 | ** | ||||||
5/10/2021 |
276,083 | *** | 11.20 | ** | 10.83-11.37 | ** | ||||||
5/11/2021 |
175,000 | *** | 11.16 | ** | 11.05-11.21 | ** | ||||||
5/12/2021 |
85,835 | *** | 11.05 | ** | 10.98-11.11 | ** |
* | Prices do not include broker commissions. |
Page 5 of 8
** | 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 8
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: May 25, 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 8
Annex I
INFRAESTRUCTURA Y TRANSPORTES MÉXICO
Directors and Executive Officers
DIRECTORS AND EXECUTIVE OFFICERS OF INFRAESTRUCTURA Y TRANSPORTES 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 Infraestructura y Transportes 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 Eliseos 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 | Chief Executive Officer of Ferrocarril Mexicano, S.A. de C.V. | |||
Arturo Elias Ayub | Lago Zurich No. 245, Fl 15 Torre Carso, Col. Granada, C.P. 11529 Mexico City |
Director | Corporate and International Banking Director of Teléfonos de México, S.A.B. de C.V. | |||
Luis Roberto Frias Humphrey |
Paseo de las Palmas No. 736, Col. Lomas de Chapultepec, C.P. 11000 Mexico City |
Director | Strategic Alliances Communications Director of Grupo Financiero Inbursa, S.A.B. de C.V. | |||
Roberto Slim Seade |
Londres 130, Zona Rosa, Col. Juárez, C.P. 06600 Mexico City | Director | General Director of Ostar Grupo Hotelero |
Page 8 of 8