In connection with the Press Release published on January 14, 2015, OHL Mexico S.A.B. de C.V. (“OHL Mexico” or the “Company”) (BMV: OHLMEX) informs public investors that in accordance with its strategy to optimize the value of its assets and maximize value for its shareholders, OHL Mexico has completed the indirect sale to IFM Global Infrastructure Fund (“IFM”) of a 24.99% stake in the capital stock of Concesionaria Mexiquense, S.A. de C.V. (“Conmex”) through the sale of shares representing the capital stock of its subsidiary Organización de Proyectos de Infraestructura, S.A.P.I. de C.V. (“OPI”). The transaction also involved the sale to IFM by OHL Mexico of 24.99% of the capital of OPCEM, S.A. de C.V., a subsidiary which will be responsible for the operation and maintenance of Conmex. The final purchase price was MXN 9,181 million.
OPI, 100 % subsidiary of OHL Mexico, owns Conmex which operates a 110 km private toll road system in the Northeastern region of Mexico City.
The Company considers that the proceeds obtained will strengthen the Company’s capital position to invest in new projects, materializing as a consequence growth opportunities.
BBVA Bancomer and Santander have acted as Financial Advisor to OHL Mexico.
IFM Investors is a uniquely-structured global fund manager with US$43 billion under management as of March 31, 2015. Established over 20 years ago and owned by 30 major Australian pension funds.
