Report of Foreign Issuer (6-k)
29 June 2016 - 8:07PM
Edgar (US Regulatory)
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 June, 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 Announces Delisting
from the New York Stock Exchange
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• ICA shares will continue to trade on the Mexican Stock Exchange
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June 27, 2016,
Mexico City — Empresas ICA, S.A.B. de C.V. (BMV and NYSE: ICA)
announced today that it intends to voluntarily delist
its American Depositary Shares (“ADSs”), evidenced by American Depositary Receipts (“ADRs”), from the New
York Stock Exchange (“NYSE”). This action does not affect ICA’s listing on the Mexican Stock Exchange, where
approximately 80% of its worldwide trading volume currently takes place.
On
January 7, 2016, ICA received notice from the NYSE that its ADS’s had traded for 30 consecutive days below US$1.00 per share,
and therefore did not meet the requirements for continued listing on the NYSE, subject to a six-month cure period. Today, ICA will
provide written notice to the NYSE of its intent to delist. ICA plans to file the related Form 25 with the Securities and Exchange
Commission (“SEC”) shortly thereafter and expects the delisting to become effective ten days later. Accordingly, the
Company anticipates that the last day of trading of its ADSs on the NYSE will be on or about July 17, 2016.
ICA reserves the
right, for any reason, to delay these filings or to withdraw them prior to their effectiveness, and to otherwise change its plans
in this regard.
This press release contains
projections or other forward-looking statements related to ICA that reflect ICA’s current expectations or beliefs concerning
future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors
could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in
such forward-looking statements. These factors include cancellations of significant construction projects included in backlog,
material changes in the performance or terms of our concessions, additional costs incurred in projects under construction, failure
to comply with covenants contained in our debt agreements, developments in legal proceedings, unanticipated increases in financing
and other costs or the inability to obtain additional debt or equity financing on attractive terms, changes to our liquidity, economic
and political conditions and government policies in Mexico or elsewhere, changes in capital markets in general that may affect
policies or attitudes towards lending to Mexico or Mexican companies, changes in inflation rates, exchange rates, regulatory developments,
customer demand, competition and tax and other laws affecting ICA’s businesses 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., 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, ICA is listed on the Mexican and New
York Stock exchanges. For more information, visit
www.ica.mx/ir
.
For more information, please contact:
Christianne Ibáñez
christianne.ibanez@ica.mx
r
elacion.inversionistas@ica.mx
+(5255) 5272 9991 x 3607
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Pablo García
pablo.garcia@ica.mx
Chief Financial Officer
In the US:
Daniel Wilson, Zemi Communications
+(1212) 689 9560
dbmwilson@zemi.com
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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: June 28, 2016
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Empresas ICA, S.A.B. de C.V.
/s/ Pablo Garcia
Name: Pablo Garcia
Title: Chief Financial Officer
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