# EDGAR Filing Document

**Accession Number:** 0001504764
**File Stem:** 0000950103-25-011512
**Filing Date:** 2025-9
**Character Count:** 10438
**Document Hash:** 8fcc64292551297fa50300220ff46b8d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-25-011512.hdr.sgml**: 20250911

**ACCESSION NUMBER**: 0000950103-25-011512

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250910

**FILED AS OF DATE**: 20250911

**DATE AS OF CHANGE**: 20250910

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Grupo Aval Acciones Y Valores S.A.
- **CENTRAL INDEX KEY:** 0001504764
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36631
- **FILM NUMBER:** 251306999

**BUSINESS ADDRESS:**
- **STREET 1:** CARRERA 13 NO. 26A - 47
- **CITY:** Bogota D.C.
- **STATE:** F8
- **ZIP:** 00000
- **BUSINESS PHONE:** 57 1 241-9700

**MAIL ADDRESS:**
- **STREET 1:** CARRERA 13 NO. 26A - 47
- **CITY:** Bogota D.C.
- **STATE:** F8
- **ZIP:** 00000

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

<br> **Report Of Foreign Private Issuer**

**Pursuant To Rule 13a-16 Or 15d-16 Of**

**The Securities Exchange Act Of 1934**

For the month of September 2025

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**Commission File Number: 001-36631**

**Grupo Aval Acciones y Valores S.A.**

**(Exact name of registrant as specified in its charter)**

**Carrera 13 No. 26A - 47**

**Bogotá D.C., Colombia**

**(Address of principal executive office)**

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F X Form 40-F

**GRUPO AVAL ACCIONES Y VALORES S.A.**

**TABLE OF CONTENTS**

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| **ITEM** |  |
| 1. | Notice of relevant information dated September 10, 2025 |

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| ![](image_001.jpg) | ![](image_002.jpg) |

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**Item 1**

**RELEVANT INFORMATION**

**Bogotá, September 10, 2025.** Grupo Aval Acciones y Valores S.A. informs that its fiduciary subsidiaries, Fiduciaria Bogotá S.A., Fiduciaria de Occidente S.A., and Fiduciaria Popular S.A., have initiated a corporate reorganization process through which their fiduciary business units will be spun off and transferred to Aval Fiduciaria S.A., also a subsidiary of Grupo Aval.

The Notice to Shareholders published in the Colombian local market is set forth below:

**"NOTICE TO SHAREHOLDERS**

The legal representatives of the following companies (collectively referred to as the "Spun-off Companies"):

&nbsp;&nbsp;&nbsp;&nbsp;(i) Fiduciaria
 Bogotá S.A., a corporation incorporated and existing under the laws of the Republic
 of Colombia, identified with NIT 800.142.383-7 and domiciled in Bogotá D.C. ("FiduBogotá");

&nbsp;&nbsp;&nbsp;&nbsp;(ii) Fiduciaria
 de Occidente S.A., a corporation incorporated and existing under the laws of the Republic
 of Colombia, identified with NIT 800.143.157-3 and domiciled in Bogotá D.C. ("FiduOccidente");

&nbsp;&nbsp;&nbsp;&nbsp;(iii) Fiduciaria
 Popular S.A., a corporation incorporated and existing under the laws of the Republic of Colombia,
 identified with NIT 800.141.235-0 and domiciled in Bogotá D.C. ("FiduPopular");
 and

&nbsp;&nbsp;&nbsp;&nbsp;(iv) Aval Fiduciaria
 S.A., a corporation incorporated and existing under the laws of the Republic of Colombia,
 identified with NIT 800.140.887-8 and domiciled in Cali, Valle del Cauca ("Aval Fiduciaria"
 or the "Beneficiary Company", and together with the Spun-off Companies, the "Participating Companies")

in compliance with Articles 67 and 57 of Law 663 of 1993 (the Organic Statute of the Financial System or "EOSF"), hereby inform the shareholders of the Participating Companies of the following:

&nbsp;&nbsp;&nbsp;&nbsp;1. The Participating
 Companies have filed a prior notice of spin-off with the Financial Superintendence of Colombia
 ("SFC") to obtain its authorization or no objection to a partial spin-off of the Spun-off Companies.
 Under this transaction, the Spun-off Companies, without being dissolved or liquidated, will
 transfer (in a block) a portion of their current assets, which represents an economic or business
 unit, to the Beneficiary Company (the "Spin-off").

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| ![](image_001.jpg) | ![](image_002.jpg) |

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&nbsp;&nbsp;&nbsp;&nbsp;2. The economic
 or business unit consists of the entirety of the fiduciary activities currently carried out
 by each Spun-off Company, including all fiduciary businesses and products under management,
 the corresponding assets and liabilities, and the transfer of the contractual positions currently
 held by the Spun-off Companies in such fiduciary businesses and products.

&nbsp;&nbsp;&nbsp;&nbsp;3. The Spin-off
 is part of Grupo Aval's corporate reorganization strategy, which seeks to consolidate
 the fiduciary operations currently carried out by several subsidiaries under Aval Fiduciaria.
 The objectives of this reorganization are to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) strengthen operational and administrative
capacity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) unify fiduciary management policies
and processes;

(iii)<br> enhance the equity base and competitive position of the Beneficiary Company; and

(iv) <br> improve its positioning in the fiduciary market.

&nbsp;&nbsp;&nbsp;&nbsp;4. As a result
 of the Spin-off, the shareholders of the Spun-off Companies will receive shares in the Beneficiary
 Company, in accordance with the exchange ratio established by an independent technical study
 conducted by Mejoracinco S.A.S – Metrix Finanzas (NIT 830.053.289-1), which forms an
 integral part of the Spin-off Project.

&nbsp;&nbsp;&nbsp;&nbsp;5. The exchange
 ratio was determined based on the book values of the spun-off assets and Aval Fiduciaria's
 equity, using special-purpose financial statements of the Participating Companies as of June
 30, 2025, which were duly certified and accompanied by the statutory auditors' reports,
 in accordance with applicable law. This methodology is standard for internal corporate reorganizations
 where the control structure remains unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;6. The
 valuation of the Participating Companies was based on calculating a target technical equity
 for Aval Fiduciaria that adequately reflects prudential requirements, including risk-weighted
 assets (RWA), as well as operational and market risks. The spun-off assets of the Spun-off
 Companies will be transferred based on a pre-tax profit participation. The Exchange Terms
 are set based on the assets effectively spun off by the Spun-off Companies, with only the
 capital necessary to cover the solvency deficit measured against the total migrated risk-weighted
 assets and the consolidated market and operational risks being transferred in exchange for
 shares issued by Aval Fiduciaria. The excess capital will remain with the Spun-off Companies.

&nbsp;&nbsp;&nbsp;&nbsp;7. The book values of the spun-off
equity and Aval Fiduciaria's equity are as follows:

a. Fiduciaria Bogotá S.A.: COP $91,766,269,898

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fiduciaria
de Occidente S.A.: COP $50,859,704,583

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Fiduciaria
Popular S.A.: COP $6,073,224,827

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Aval Fiduciaria S.A.: COP $62,880,734,027 [\*]

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| ![](image_001.jpg) | ![](image_002.jpg) |

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&nbsp;&nbsp;&nbsp;&nbsp;8. Accordingly, the share exchange
ratios in Aval Fiduciaria are:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For each share of Fiduciaria
Bogotá S.A.: 1.9664 shares of Aval Fiduciaria S.A.

b. <br> For each share of Fiduciaria de Occidente S.A.: 1.6213 shares of Aval Fiduciaria S.A.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For each share of Fiduciaria
Popular S.A.: 0.0973 shares of Aval Fiduciaria S.A.

&nbsp;&nbsp;&nbsp;&nbsp;9. The Spin-off will be subject
to:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) approval by the general shareholders'
meetings of the Participating Companies, duly convened in accordance with their respective bylaws; and<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) prior authorization by the Financial Superintendence of Colombia.<br> As of the date of this
 notice, these conditions have not yet been met. For all legal and accounting purposes, the Spin-off will be deemed completed on the
 date the corresponding public deed is registered with the Chambers of Commerce of each of the Participating Companies'
 domiciles.

&nbsp;&nbsp;&nbsp;&nbsp;10. Shareholders
 are further informed that the Spin-off Project and its annexes — including the explanatory
 annex on the valuation of the Participating Companies and the exchange ratio methodology
 — together with the accounting records and other legally required documents, will remain
 available at the administrative offices of the Participating Companies until the date of
 the respective shareholders' meetings. In addition, pursuant to Article 62, paragraph
 2 of the EOSF, the prior notice submitted to the SFC includes the results of an independent
 technical study; therefore, minority shareholders may not request an additional independent
 study.

Bogotá D.C., September 6, 2025

Signed,

Buenaventura Osorio Martínez – Fiduciaria Bogotá S.A.

Adriana Rodríguez León – Fiduciaria Popular S.A.

Mario Estupiñán Alvarado – Fiduciaria de Occidente S.A.

Oscar Cantor Holguín – Aval Fiduciaria S.A.

[\*] Value includes dividends in shares approved by the General Shareholders' Meeting of Aval Fiduciaria on August 21, 2025, totaling COP $12,926,174,000".

***This translation from the original Spanish version is provided for convenience purposes only. No representation is made as to the accuracy of this document, and the company does not assume any liability based upon it.***

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: September 10, 2025

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|:---|:---|:---|
| **GRUPO AVAL ACCIONES Y VALORES S.A.** | **GRUPO AVAL ACCIONES Y VALORES S.A.** | **GRUPO AVAL ACCIONES Y VALORES S.A.** |
| By: | /s/ Jorge Adrián Rincón Plata | /s/ Jorge Adrián Rincón Plata |
|  | Name: | Jorge Adrián Rincón Plata |
|  | Title: | Chief Legal Counsel |

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