Servicios de Tecnologia Aeroportuaria S.A. de C.V. (SETA), OMA's Strategic Partner, to Propose a Ps.1,200 Million Capital Reduction to the Board of Directors
MONTERREY, Mexico, March 13, 2013 (GLOBE NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (Nasdaq:OMAB) (BMV:OMA), informs that the Company's strategic partner, Servicios de Tecnología Aeroportuaria S.A. de C.V. (SETA), will make a proposal to the Board of Directors to distribute Ps.1,200 million in cash, equivalent to Ps. 3.00 per share, through a capital reduction, without cancellation of any shares. The reduction in minimum fixed capital would be paid as follows:
- A single payment of Ps. 400 million in June 2013; and
- Four subesequent quarterly payments of Ps. 200 million each.
This proposal will be presented to the Board of Directors at its scheduled March 22, 2013 meeting, and subsequently to the shareholders for final approval at the Annual Shareholders' Meeting, which is scheduled to be called for April 16, 2013.
This press release may contain forward-looking information and statements. Forward-looking statements are statements that are not historical facts. These statements are only predictions based on our current information and expectations and projections about future events. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "target," "estimate," or similar expressions. While OMA's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and are generally beyond the control of OMA, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed in our most recent annual report filed on Form 20-F under the caption "Risk Factors." OMA undertakes no obligation to publicly update its forward-looking statements, whether as a result of new information, future events, or otherwise.
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA, operates 13 international airports in nine states of central and northern Mexico. OMA's airports serve Monterrey, Mexico's third largest metropolitan area, the tourist destinations of Acapulco, Mazatlán, and Zihuatanejo, and nine other regional centers and border cities. OMA also operates a hotel inside Terminal 2 of the Mexico City airport. OMA employs over 1,000 persons in order to offer passengers and clients, airport and commercial services in facilities that comply with all applicable international safety, security standards, and ISO 9001:2008. OMA's strategic shareholder members are ICA, Mexico's largest engineering, procurement, and construction company, and Aéroports de Paris Management, subsidiary of Aéroports de Paris, the second largest European airports operator. OMA is listed on the Mexican Stock Exchange (OMA) and on the NASDAQ Global Select Market (OMAB). For more information, please visit us at:
- Website: http://www.oma.aero
- Facebook:http://www.facebook.com/pages/OMA/137924482889484 .
CONTACT: Jose Luis Guerrero Cortes OMA, CFO +52.81.8625.4300 ext.308 email@example.com Daniel Wilson Zemi Communications +1.212.689.9560 firstname.lastname@example.org