Ahmet Okumus‘ Okumus Fund Management has just filed a Form 13D with the SEC, updating the regulatory body on its position in Ascent Capital Group Inc (NASDAQ:ASCMA). The activist filing shows that the fund’s position in the company has remained unchanged from the end of 2015 at just under 1.29 million shares, and that it was filed to refute a mistakenly-filed 13G on the company earlier today, which would’ve suggested that the fund was no longer an activist shareholder of the stock. You can see the latest ownership position in the table below, while the filing is embedded below and on the following pages.
You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Okumus Fund Management Ltd | 0 | 1,289,727 | 0 | 1,289,727 | 1,289,727 | 10.5% |
Okumus Opportunistic Value Fund, Ltd | 0 | 1,289,727 | 0 | 1,289,727 | 1,289,727 | 10.5% |
Ahmet H. Okumus | 0 | 1,289,727 | 0 | 1,289,727 | 1,289,727 | 10.5% |
Follow Ahmet Okumus's Okumus Fund Management
Page 1 of 6 SEC Filing
Ascent Capital Group, Inc. |
(Name of Issuer) |
Series A Common Stock, $0.01 par value |
(Title of Class of Securities) |
043632108 |
(CUSIP Number) |
AHMET H. OKUMUS c/o Okumus Fund Management Ltd. 767 Third Avenue, 35th Floor New York, NY 10017 212-201-2640 |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
February 16, 2016 |
(Date of Event Which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13D-1(e), 240.13d‑1(f) or 240.13d-1(g), check the following box [X ]. |
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Page 2 of 6 SEC Filing
CUSIP No. | 043632108 | |||||
1. | NAME OF REPORTING PERSONS | |||||
Okumus Fund Management Ltd. | ||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | |||||
(a) | [_] | |||||
(b) | [X] | |||||
3. | SEC USE ONLY | |||||
4. | SOURCE OF FUNDS | |||||
AF | ||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||
Cayman Islands | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||||||
7. | SOLE VOTING POWER | |||||
0 | ||||||
8. | SHARED VOTING POWER | |||||
1,289,727 | ||||||
9. | SOLE DISPOSITIVE POWER | |||||
0 | ||||||
10. | SHARED DISPOSITIVE POWER | |||||
1,289,727 | ||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING | |||||
PERSON | ||||||
1,289,727 | ||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES | |||||
CERTAIN SHARES | [_] | |||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||
10.5% | ||||||
14. | TYPE OF REPORTING PERSON | |||||
CO, IA |
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Page 3 of 6 SEC Filing
CUSIP No. | 043632108 | |||||
1. | NAME OF REPORTING PERSONS | |||||
Okumus Opportunistic Value Fund, Ltd. | ||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | |||||
(a) | [_] | |||||
(b) | [X] | |||||
3. | SEC USE ONLY | |||||
4. | SOURCE OF FUNDS | |||||
WC | ||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||
British Virgin Islands | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||||||
7. | SOLE VOTING POWER | |||||
0 | ||||||
8. | SHARED VOTING POWER | |||||
1,289,727 | ||||||
9. | SOLE DISPOSITIVE POWER | |||||
0 | ||||||
10. | SHARED DISPOSITIVE POWER | |||||
1,289,727 | ||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING | |||||
PERSON | ||||||
1,289,727 | ||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES | |||||
CERTAIN SHARES | ||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||
[_] | ||||||
10.5% | ||||||
14. | TYPE OF REPORTING PERSON | |||||
CO |
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Page 4 of 6 SEC Filing
CUSIP No. | 043632108 | |||||
1. | NAME OF REPORTING PERSONS | |||||
Ahmet H. Okumus | ||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | |||||
(a) | [_] | |||||
(b) | [X] | |||||
3. | SEC USE ONLY | |||||
4. | SOURCE OF FUNDS | |||||
AF | ||||||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||
Republic of Turkey | ||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||||||
7. | SOLE VOTING POWER | |||||
0 | ||||||
8. | SHARED VOTING POWER | |||||
1,289,727 | ||||||
9. | SOLE DISPOSITIVE POWER | |||||
0 | ||||||
10. | SHARED DISPOSITIVE POWER | |||||
1,289,727 | ||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING | |||||
PERSON | ||||||
1,289,727 | ||||||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES | |||||
CERTAIN SHARES | [_] | |||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||
10.5% | ||||||
14. | TYPE OF REPORTING PERSON | |||||
IN, HC |
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Page 5 of 6 SEC Filing
CUSIP No. | 043632108 |
Item 4. | Purpose of Transaction. | |
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. | |
N/A | ||
Item 7. | Material to be Filed as Exhibits. | |
N/A | ||
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Follow Ascent Capital Group Inc. (NASDAQ:ASCMA)
Page 6 of 6 SEC Filing
Okumus Fund Management Ltd. | ||
By: | /s/ Ahmet H. Okumus | |
Name: | Ahmet H. Okumus | |
Title: | President | |
Okumus Opportunistic Value Fund, Ltd. | ||
By: | /s/ Ahmet H. Okumus | |
Name: | Ahmet H. Okumus | |
Title: | President | |
/s/ Ahmet H. Okumus | ||
Ahmet H. Okumus | ||
February 16, 2016 |