ALEATICA INFORMS ABOUT THE OFFER LETTER OF ALEATICA, S.A.U.
Mexico City, as of February 21, 2023. Aleatica S.A.B. de C.V. (“Aleatica” or the “Company”) informs that:
Following the relevant event published on October 5, 2022 by the Company related to the media release made by IFM Investors Pty Ltd, whereby it announced the intention of IFM Global Infrastructure Fund (“IFM GIF”) to undertake a voluntary tender offer through an indirect subsidiary to acquire up to 14.03% of the outstanding shares of the Company that are not already indirectly owned by IFM GIF (the “Potential Tender Offer”); on this date, the Board of Directors, the Corporate Practices Committee and the Chief Executive Officer of the Company received an offer letter from Aleatica S.A.U., an indirect wholly-owned subsidiary of IFM GIF (the “Offeror”), confirming that such Offeror intends to pursue the Potential Tender Offer at a proposed offer price of MXN$37 per share of the Company. The launch of the Potential Tender Offer is subject to the authorization of the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) and its consummation is subject to the satisfaction or waiver by the Offeror of certain conditions described in the referenced offer letter.
A copy of the offer letter is attached hereto as Exhibit “A”.
In connection with the foregoing, the Board of Directors and the Corporate Practices Committee of the Company will carry-out the analysis process for the preparation and issuance, in terms of the Mexican Securities Market Law (Ley del Mercado de Valores), of the opinion on the price of the Potential Tender Offer and the conflicts that the Board of Directors’ members may have in connection with the Potential Tender Offer.
The mentioned opinion: (i) will be disclosed to public investors on the tenth business day following the launch of the Potential Tender Offer at the latest; (ii) consider and include the relevant opinion of the Company’s Corporate Practices Committee; and (iii) if applicable, may consider, include, and be based on the opinion of an independent expert which will be disclosed on the date in which the Board of Directors issues its opinion.
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, the State of Mexico 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 web page www.aleatica.com.
