Sec Form 13D Filing - Grupo Mexico S.A.B. de C.V. filing for GRUPO AEROPORTUARIO DEL PACIFI (PAC) - 2021-08-24

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.
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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D

(Amendment No. 45)*

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)

August 2, 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 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

 

15,141,986 (See Item 5)

      9.     

SOLE DISPOSITIVE POWER

 

10,000 (See Item 5)

    10.     

SHARED DISPOSITIVE POWER

 

15,141,986 (See Item 5)

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

15,151,986 (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)

 

3.4%**

14.  

TYPE OF REPORTING PERSON (see instructions)

 

CO

 

**

The Reporting Persons note that the number set forth in Row (11) represents 2.9% of the total outstanding Issuer Equity Shares based on the Issuer’s report on Form 20-F for the fiscal year ended December 31, 2020.

 

Page 2 of 6


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

 

15,141,986 (See Item 5)

      9.     

SOLE DISPOSITIVE POWER

 

0 (See Item 5)

    10.     

SHARED DISPOSITIVE POWER

 

15,141,986 (See Item 5)

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

15,141,986 (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)

 

3.4%

14.  

TYPE OF REPORTING PERSON (see instructions)

 

CO

 

Page 3 of 6


This Amendment No. 45 (this “Amendment No. 45”) 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, December 24, 2019, February 19, 2021, May 25, 2021, June 29, 2021 and July 23, 2021 (collectively with this Amendment No. 45, the “Schedule 13D”). Capitalized terms used herein and not defined herein have the meanings ascribed thereto in the Schedule 13D.

Item 5. Interest in Securities of the Issuer

Item 5 is hereby supplemented by adding the following:

(a, b) Since and including July 30, 2021, Grupo México has disposed of 9,363,704 Shares, as described in Item 5(c) below. As of the date hereof, Grupo México beneficially owns a total of 15,151,986 Shares, consisting of 10,000 Shares that Grupo México owns directly, and 15,141,986 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 15,141,986 Shares. The Shares directly owned by Grupo México and ITM represent approximately 0.01% and 3.4%, respectively, or 3.4% 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 Issuer’s 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 15,141,986 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 15,141,986 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 15,141,986 Shares held by ITM. ITM does not have the sole power to dispose or direct the disposition of any of the 15,141,986 Shares that it owns directly, and has shared power to dispose or direct the disposition of such Shares. Grupo México’s beneficial ownership of 15,151,986 Shares represents 2.9% 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 Issuer’s Form 20-F for the fiscal year ended December 31, 2020. Because, following such transactions, the Reporting Persons own less than 5% of the total outstanding Shares, based on a total of 441,425,547 Shares outstanding as of December 31, 2020, as reported in the Issuer’s Form 20-F for the fiscal year ended December 31, 2020, the Reporting Persons are no longer obligated to file amendments to the Schedule 13D pursuant to Section 13(d) of the Act, and the rules thereunder, with respect to the Shares.

(c) The table below sets forth the transactions in Shares since and including July 30, 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 6


Date of Transaction

   Number of
Shares Sold
    Daily
Weighted
Average Price
Per Share
(U.S.$)*
    Daily
Range of Prices
(U.S.$)*
 

7/30/2021

     119,937 ***      11.49 **      11.41-11.54 ** 

8/2/2021

     3,062,550 ***      11.48 **      11.44-11.56 ** 

8/3/2021

     677,107 ***      11.56 **      11.54-11.62 ** 

8/4/2021

     50,741 ***      11.26 **      11.20-11.45 ** 

8/5/2021

     357,458 ***      11.01 **      10.93-11.28 ** 

8/6/2021

     408,799 ***      10.87 **      10.77-10.98 ** 

8/9/2021

     192,248 ***      10.74 **      10.66-10.89 ** 

8/10/2021

     316,517 ***      10.74 **      10.67-10.82 ** 

8/11/2021

     372,900 ***      10.92 **      10.78-10.99 ** 

8/12/2021

     1,100,450 ***      11.02 **      10.83-11.09 ** 

8/13/2021

     718,647 ***      11.27 **      11.14-11.37 ** 

8/16/2021

     878,205 ***      11.30 **      11.20-11.38 ** 

8/17/2021

     1,108,145 ***      10.89 **      10.78-11.14 ** 

 

  *

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.

(e) On August 2, 2021, the Reporting Persons ceased to be the beneficial owners of 5% or more of the total outstanding Shares, based on a total of 441,425,547 Shares outstanding as of December 31, 2020, as reported in the Issuer’s Form 20-F for the fiscal year ended December 31, 2020. Accordingly, this statement on Schedule 13D is hereby terminated, and this Amendment No. 45 constitutes the final amendment hereto.

 

Page 5 of 6


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: August 24, 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 6 of 6