Grupo Aval Acciones y Valores S.A. (the "Company") informs that the Board of Directors authorized Mr. Luis Fernando López Roca, a member of the Board, to acquire in the public stock market, directly or through the company López Roca Gaviria S.A.S., up to 1,000,000 common or preferred shares of the Company.
The decision was taken unanimously (excluding the interested party's vote) and in compliance with Article 404 of the Colombian Code of Commerce.
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.
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Grupo Aval Acciones y Valores SA published this content on 30 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2020 15:09:00 UTC
Grupo Aval Acciones y Valores SA is a Colombia-based holding company primarily engaged, through its subsidiaries, in the acquisition, purchase and sale of stocks, bonds and other securities of companies active in the financial sector. The Company provides a variety of financial services and products across the Colombian market, ranging from traditional banking services, such as loans and deposits to pension and severance fund management, as well as the provision of legal representation services. The Company owns such subsidiaries as Banco de Bogota SA, Banco Popular SA, among others. Additionally, through its indirect and direct investments in other companies, the Company is present in the activities of investment baking and investments in the real sector, as well as the administrator of pension and severance funds in Colombia.
GRUPO AVAL ACCIONES Y VALORES S.A. 
