The partition process must be carried out either before a notary or before a judicial instance so that the partition does not have any inconvenience, because if a property is left out or an heir is left out of the process, there is the possibility of a lawsuit by any interested party who is legitimized.
Deceased Shareholders:
We invite family members of deceased shareholders of the company to contact the Shareholders’ Service Office, for the purpose of initiating the process of transferring shares by succession. You can consult the list of deceased shareholders by clicking here.
Succession by Notarial Process:
When the heirs agree on how the inheritance will be divided, the partition process can be done before a notary public, by means of a public deed. In order to settle an inheritance before a notary public, two indispensable requirements must be met:
- All heirs must agree.
- All heirs must be capable.
If both requirements are not met, the distribution must be made before a judge.
Documentation to be provided in case the inheritance distribution process has been carried out before a notary:
- Copy of the identity documents of the heirs, legal representative or attorney-in-fact, as the case may be.
- Authentic or authenticated copy of the public deed of succession identifying the issuer, the number of shares in whole numbers, awardee(s) and value assigned to each of the shares.
- Single Form of Relationship Natural Person: Completely filled out with acknowledgment of signature and content before a Notary Public.
- Data Update Form: One for each of the heirs of the shares.
- Other documents that may be requested by Deceval S.A. centralized securities depository.
Succession by Judicial Process:
When there is no agreement among all the heirs, or someone claims a right as heir the partition must be made before a judge. The same happens if among the heirs there is one who is legally incompetent.
Documentation to be provided in case the inheritance distribution process has been carried out before a judge:
- Copy of the identity documents of the heirs, legal representative or attorney-in-fact, as the case may be.
- Authentic or authenticated copy of the judicial sentence of succession, identifying the issuer, the number of shares in whole numbers, the successful bidder and the value assigned to each of the shares.
- Single Form of Binding Natural Person: Completely filled out with acknowledgement of signature and content before a Notary Public.
- Data Update Form: One for each of the heirs of the shares.
- Other documents that may be requested by Deceval S.A. centralized securities depository.
All required documents may be sent directly to the Procafecol S.A. Shareholders Service Office:
Mailing to Procafecol S.A. Shareholders’ Service Office: Calle 73 No. 8-13, Torre A, Piso 3, Bogotá D.C.
Attn. Maria Camila Lopez.
Donation of Shares
When shareholders wish to give their shares to a relative or a third party without a monetary transaction, a donation is made. Shareholders may dispose of their shares free of charge or by donation, it is pertinent to indicate that this is perfectly feasible, since the shares are part of the individual patrimony, which can be freely disposed of.
a. Requires acknowledgment of signatures before a Notary Public.
b. Fill out one form per grantee or beneficiary.
2. Single Form for Natural Persons:
a. It must be completely filled out and contain acknowledgement of signature and content before a Notary Public.
b. A format is required for each person to whom actions are assigned.
4. 150% enlarged copy of the beneficiaries’ identity document.
5. If the donation exceeds fifty (50) legal monthly minimum wages, a notarial insinuation or judicial authorization (authentic or authenticated) must be attached, which is the procedure by means of which the judge or notary authorizes by means of a sentence or public deed donations whose value exceeds the sum of fifty (50) monthly minimum wages.