OHL Mexico S.A.B. de C.V. (“OHL Mexico” or the “Company”) (BMV: OHLMEX) informs the public investor that today its controlling shareholder, OHL Concesiones, S.A.U., priced an international private offering outside of Mexico, pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933 (the “Securities Act”), as amended (the “Securities Act”), of 130,000,000 ordinary shares of the Company (the “Shares”), representing 7.5% of the Company’s capital stock, for a price per Share of US$2.21 (or Ps.30.00) per Share, for aggregate proceeds of approximately US$ 287.3 million. Following this international private offering outside of Mexico, our controlling shareholder OHL Concesiones, S.A.U. will continue to hold 56.14% of our capital stock and the control of the Company. OHL Mexico will not receive any proceeds from this offering. Subject to customary closing conditions, this international private offering is expected to close on November 21, 2014. Mexican peso convenience translations are based on the Banco de Mexico exchange as of the date hereof.
The Shares have not been registered under the Securities Act, or any applicable state securities laws, and will be offered only to qualified institutional buyers in the U.S. pursuant to Rule 144A under the Securities, and to non-U.S. persons in transactions outside the United States and Mexico in compliance with Regulation S under the Securities Act. Unless so registered, the Shares may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.
The Shares have not been and will not be offered or sold in Mexico.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Shares, in Mexico or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
