RELEVANT EVENT
12 Enero 2017 - 4:45PM
BMV General Information
MEXICALI, B.C.,JANUARY 12, 2017.- URBI, DESARROLLOS URBANOS, S.A.B.
DE C.V. ("URBI" OR THE "COMPANY") INFORMS THAT TODAY, THE BANK OF
NEW YORK MELLON, AS TRUSTEE OF THE THREEDOLLAR-DENOMINATED NOTES OF
THE COMPANY, DUE IN APRIL 2016, JANUARY 2020 AND FEBRUARY 2022,
RESPECTIVELY, ISSUED THE ATTACHED NOTICE, INFORMING ABOUT THE
PROCEDURE FOR THE DELIVERY OF THE CORRESPONDING SHARES OF URBI TO
THE NOTEHOLDERS IN PAYMENT OF THEIR RECOGNIZED CLAIMS IN THE
CONCURSO MERCANTIL PROCEEDINGS. SUCH NOTICE MAY ALSO BE CONSULTED
AT WWW.URBI.COM/RI/ENTREGA-ACCIONES/.
THE AFOREMENTIONED IS IN LINE WITH THE AGREEMENT RECENTLY REACHED
BETWEEN URBI AND THE BANK OF NEW YORK MELLON IN ORDER TO FACILITATE
SUCH DELIVERY OF SHARES TO THE NOTEHOLDERS, AND IN ACCORDANCE WITH
THE RESOLUTIONS ISSUED IN THIS REGARD BY THE JUDGE OF THE CONCURSO
MERCANTIL.
DURING THE 2017-2021 PERIOD, THE COMPANY PLANS TO SELL 57 THOUSAND
HOMES. AT THIS MOMENT IT IS FOCUSED ON THE EXECUTION OF THIS
BUSINESS PLAN TAKING ADVANTAGE OF ITS STRENGTHS: EXPERIENCED HUMAN
CAPITAL WITH A RENEWED MANAGEMENT TEAM, THE QUALITY AND
COMPETITIVENESS OF ITS OFFER TO THE MARKET, AS WELL AS ITS SOLID
AND STRENGTHENED BALANCE.***
THIS DOCUMENT CONTAINS FORWARD-LOOKING STATEMENTS OF THE COMPANY,
INCLUDING STATEMENTS ABOUT ITS FINANCIAL CONDITION AND OF THE
COMPANY'S FUTURE RESULTS OF OPERATIONS, ITS STRATEGY, PLANS,
OBJECTIVES AND TARGETS, AND OTHER DATA THAT IS NOT HISTORICAL
INFORMATION. SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON
ASSUMPTIONS, PLANS, INTENTIONS AND EXPECTATIONS OF THE COMPANY'S
MANAGEMENT, AND INVOLVE RISKS, UNCERTAINTIES AND OTHER FACTORS,
KNOWN AND UNKNOWN, SOME OF WHICH ARE BEYOND THE CONTROL OF THE
COMPANY. SUCH STATEMENTS SHOULD NOT BE INTERPRETED BASED ON PAST
TRENDS AND ACTIVITIES, AS IF THEY WERE TO CONTINUE IN THE FUTURE.
FORWARD-LOOKING STATEMENTS CONTAINED HEREIN ARE VALID AT THE DATE
OF THIS DOCUMENT.