ANKARA
Anadolu Agency Corporate Communications Department issued a written statement on Monday upon claims regarding the transfer of AA shares to a person.
The statement of the Anadolu Agency Corporate Communications Department is as follows:
Anadolu Agency regarded it necessary to make the following statement upon the news in some newspapers and on the internet media concerning the status of its shares.
Since 1920, AA corporate shares have been complex and disorganized, majority of which belongs to Turkish Prime Ministry Undersecretariat of Treasury, that is 47,75 per cent.
Shareholder of the 10 per cent is known, but who holds the remaining 42,25 can not be identified. With 40 years of inconclusive efforts to find the shareholders, AA has sometimes difficulty in holding its shareholders' meetings.
In line with the New Turkish Trade Law, Anadolu Agency had to increase its amount of capital to TL 50 thousand, which AA first aimed to take over as a legal entity but it turned out to be legally impossible. Instead, the office of General Directorate took over the increased shares, transferring all the administrative and financial rights on the shares to the Undersecretariat of Treasury.
It was also guaranteed that the shares would be transferred to the AA General Directorate in case of a change of Director General.
Claims over transfer of AA shares to a person do not reflect reality. The said issue is just the fulfillment of a legal obligation, and elimination of a legal uncertainty. All the transactions and regulations were made properly in consultation with the related parties.
Anadolu Agency informs with respect the public opinion to prevent any misinformation.
Anadolu Agency Corporate Communications Department
