- Members of the board of directors, chairman of the board, and chairs of board committees also ratified
MONTERREY, Mexico, April 10, 2014 (GLOBE NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (Nasdaq:OMAB) (BMV:OMAB.MX), announced that its Shareholders' Meeting, in annual ordinary and extraordinary session, today approved the proposal to pay shareholders a capital reduction of Ps. 1,200 million, and use of resources of up to Ps. 374 million for share repurchases, among other decisions. The Shareholders' Meeting also ratified the members of the Board of Directors.
The Ps. 1,200 million capital reimbursement to shareholders (Ps. 3.00 per share) will be paid in four installments: Ps. 400 million (Ps. 1.00 per share) no later than May 30, 2014; Ps. 300 million (Ps. 0.75 per share) no later than July 31, 2014; Ps. 300 million (Ps. 0.75 per share) no later than September 30, 2014; and Ps. 200 million (Ps. 0.50 per share) no later than November 30, 2014.
Up to Ps. 374 million was allocated for the repurchase of Series B shares during 2014, and until a shareholders' meeting approves the results of the period.
The members of the board of directors, the chairman of the board, and the chairs of the board committees were ratified. The corporate governance bodies are made up as follows:
| Name | Position |
| Diego Quintana Kawage (*) | Chairman and Director |
| Alonso Quintana Kawage (*) | Director |
| Laurent Galzy (*) | Director |
| Jacques Follain (*) | Alternate Director for Mr. Galzy |
| José Luis Guerrero Álvarez | Director |
| Luis Fernando Zárate Rocha | Director |
| Sergio Fernando Montaño León | Director |
| Elsa Beatriz García Bojorges | Independent Director |
| Alberto Felipe Mulás Alonso | Independent Director |
| Luis Guillermo Zazueta Domínguez | Independent Director |
| Ricardo Gutiérrez Muñoz | Independent Director |
| Carlos Guzmán Bofill | Independent Director |
| * Designated by the holders of Series BB shares | |
| SECRETARY OF THE BOARD OF DIRECTORS | |
| Name | Position |
| Rodrigo Antonio Quintana Kawage | Secretary (non-voting) |
| Alfredo Domínguez Sánchez | Prosecretary (non-voting) |
| AUDIT COMMITTEE | |
| Name | Position |
| Elsa Beatriz García Bojorges | Chair / Independent Director |
| Alberto Felipe Mulás Alonso | Independent Director |
| Luis Guillermo Zazueta Domínguez | Independent Director |
| CORPORATE PRACTICES, FINANCES, PLANNING AND SUSTAINABILITY COMMITTEE | |
| Name | Position |
| Alberto Felipe Mulás Alonso | Chair / Independent Director |
| Ricardo Gutiérrez Muñoz | Independent Director |
| Carlos Guzmán Bofill | Independent Director |
A translation of the resolutions adopted by the Annual Ordinary and Extraordinary Shareholders' Meeting will be available in the investor relations section of OMA's webpage (http://ir.oma.aero) in the section "Information for Shareholders."
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.
About OMA
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, visit
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