Relevant Event

[vc_row][vc_column][vc_column_text]Mexico City, Mexico, April 9, 2019 – In relation to: (i) the Engineering, Procurement and Construction Contract of the Atizapán – Atlacomulco High Specifications Toll-Road, in the State of Mexico (the “ATAT Toll-Road”), dated October 10, 2016, (the “EPC Contract”), entered into by and between Concesionaria AT-AT, S.A. de C.V. (“ATAT”), a subsidiary of Aleatica, S.A.B. de C.V. (“Aleatica” or the “Company”) (BMV: “ALEATIC”), and Constructora de Proyectos Viales de México, S.A. de C.V. (the “OHL’s Subsidiary”), a subsidiary of Obrascón Huarte Lain, S.A. (“OHL”); and (ii) the Relevant Event issued yesterday regarding the termination of the EPC Contract; Aleatica informs the market that:

Today ATAT is filing before the Centro de Arbitraje de México an arbitration against OHL’s Subsidiary, requesting that an arbitration tribunal confirm the material defaults by OHL’s Subsidiary under the EPC Contract and requesting that OHL’s Subsidiary indemnify ATAT for the damages and lost profits suffered by ATAT. The defaults of OHL’s Subsidiary, including the suspension of the relevant construction works, were duly documented.

In addition, yesterday, after the termination of the EPC Contract was notified to OHL’s Subsidiary, ATAT was notified of an arbitration filed by OHL’s Subsidiary in connection with the existing controversies between the parties of the EPC Contract.

Each of the pending arbitrations between ATAT and OHL´s Subsidiary is expected to proceed in accordance with the applicable legal procedure.

 

About Aleatica, S.A.B. de C.V.

Aleatica, S.A.B. de C.V. is positioned as a relevant transport infrastructure operator in the industry within the metropolitan area of Mexico City, both for the number of concessions awarded and the miles of highways under management. Currently, Aleatica, S.A.B. de C.V. builds, manages, operates and maintains 7 toll roads and one airport. The highway and related infrastructure concessions are located in urban areas with high vehicular traffic in Mexico City, Mexico State and the State of Puebla. In the airport sector, Aleatica participates in the integral management of the second largest airport serving the Mexico City metropolitan area. For more information visit our webpage www.aleatica.com.

Download document
Back to Relevant Events[/vc_column_text][/vc_column][/vc_row]

Comparte en tus redes

Share on facebook
Share on twitter
Share on linkedin

Más eventos relevantes

Administrative Proceeding’s Rulings

Mexico City, October 13, 2021.– In connection with the relevant events dated February 25, 2021, April 9, 2021 and April 12, 2021, by means of

Relevant Events

Mexico City, August 24, 2021.- In connection with: (i) the relevant event dated August 5, 2021,which publication was requested by the Mexican National Banking and

Relevant Event

ALEATICA S.A.B. DE C.V. INFORMS ABOUT CHANGES TO ITS BOARD OF DIRECTORS AND CORPORATE PRACTICES AND AUDIT COMMITTEES AND ABOUT CERTAIN AMENDMENTS TO ITS BYLAWS

Busca por rango de fechas: