FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of March, 2016
Commission File Number 1-11080
THE ICA CORPORATION
(Translation of registrant's name into English)
Blvd. Manuel Avila Camacho 36
Col. Lomas de Chapultepec
Del. Miguel Hidalgo
11000 Mexico City
Mexico
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F.....x.... Form 40-F.........
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ...... No...x...
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
ICA’s Board of Directors approvesadditional
management changes
March 10, 2016, Mexico City – Empresas ICA, S.AB. de C.V. (BMV and NYSE: ICA),the largest infrastructure and construction company in Mexico, announced that its Board of Directors has accepted the resignation of Alfonso González Migoya as Deputy CEO and as a member of the Board of Directors. The Board also ratified the executive management team led by Luis Zarate Rocha as Chief Executive Officer and Guadalupe Phillips Margain as Chief Restructuring Officer.
“My work at ICA has concluded,” Mr. González Migoya stated. “My commitment with ICA was to prepare the foundations, organize the team, and make the initial undertaking to restructure ICA’s operations and finances into order to restore its economic viability. I am pleased to have been able to serve the Company during these past several months.”
The Board of Directors today was also presented with the general parameters of the restructuring plan. ICA expects to approach its creditors over the next several weeks with its proposed plan.
Bernardo Quintana, the Chairman of the Board, said, “On behalf of the Board of Directors, I want to thank Alfonso for his dedicated service during this crucial period in ICA’s history.”
Such forward-looking statements are subject to various risks and uncertainties and may differ materially from actual results or events due to important factors such as changes in general economic, business or political or other conditions in Mexico, Latin America or elsewhere, changes in capital markets in general that may affect policies or attitudes towards lending to Mexico or Mexican companies, changes in tax and other laws affecting ICA’s businesses, increased costs, unanticipated increases in financing and other costs or the inability to obtain additional debt or equity financing on attractive terms and other factors set forth in ICA’s most recent filing on Form 20-F and in any filing or submission ICA has made with the SEC subsequent to its most recent filing on Form 20-F. All forward-looking statements are based on information available to ICA on the date hereof, and ICA assumes no obligation to update such statements.
Empresas ICA, S.A.B. de C.V. is Mexico's largest infrastructure company. ICA carries out large-scale civil and industrial construction projects and operates a portfolio of long-term assets, including airports, toll roads, water systems, and real estate. Founded in 1947, lCA is listed on the Mexican and New York Stock exchanges. For more information, visitir.ica.mx.
For more information, please contact:
Gabriela Orozco gabriela.orozco@ica.mx
Christianne Ibáñez christianne.ibanez@ica.mx
relacion.inversionistas@ica.mx +(5255) 5272 9991 x 3012
|
Pablo Garcia Chief Financial Officer pablo.garcia@ica.mx
In the US: Daniel Wilson, Zemi Communications +(1212) 689 9560 dbmwilson@zemi.com |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: March 10, 2016 | Empresas ICA, S.A.B. de C.V.
/s/ Pablo Garcia Name: Pablo Garcia
|