Investor FAQs

 

Ascent Capital Group, Inc. is a holding company and owns 100% of its operating subsidiary, Monitronics International Inc. (“Monitronics”). Headquartered in Dallas, TX, Monitronics is one of the nation's largest, fastest-growing home security alarm monitoring companies. Monitronics provides security alarm monitoring services to more than 1 million residential and commercial customers in the United States, Canada and Puerto Rico through its nationwide network of independent dealers. Monitronics was named the 2011, 2010 and 2008 North American Service Provider of the Year by Frost & Sullivan for outstanding operations and for attracting and retaining key dealer accounts.

We have two series of common stock outstanding:

  • Ascent Capital Group, Inc.’s series A common stock trades on NASDAQ under the symbol ASCMA
  • Ascent Capital Group, Inc.’s series B common stock is quoted on the OTC Bulletin Board, under the symbol ASCMB.

  • The series A stock (ASCMA) has one vote per share, while the series B stock (ASCMB) has ten votes per share.
  • The series B stock is convertible at any time on a one-for-one basis for series A stock. The series A stock is not convertible or exchangeable.
  • The series A stock is broadly held and actively traded; the series B stock is held by a relatively small number of holders and is thinly traded.

Ascent Capital Group, Inc. has no direct stock purchase program. You can purchase Ascent Capital Group, Inc’s stock through a broker.

Ascent Capital Group, Inc.’s fiscal year runs from January 1 to December 31.

Ascent Capital Group, Inc. was incorporated on May 29, 2008.

Ascent Capital Group, Inc., formerly Ascent Media Corporation, was spun off as a separate public company on September 17, 2008, as a dividend payable to holders of Discovery Holding Company common stock. In the spin off, Discovery Holding Company distributed one share of Ascent Capital Group Inc.’s common stock for each 20 shares of Discovery Holding Company common stock outstanding. Holders of Discovery Holding Company series A common stock received shares of Ascent Capital Group Inc.’s series A common stock in the spin off, and holders of Discovery Holding Company Series B common stock received shares of Ascent Capital Group Inc.’s Corporation series B common stock.

You can contact Ascent Capital Group, Inc.’s transfer agent at:
Computershare Trust Company, N.A.
250 Royall Street
Canton, MA 02021
Telephone:  (877) 453-1510

Please refer any questions related to the following types of information to our transfer agent:

  • address changes
  • stock certificates
  • share transfers

However, if you own shares through a brokerage firm, you need to contact the brokerage firm directly to change your account address.

Ascent Capital Group, Inc. is subject to the information and reporting requirements of the Securities Exchange Act of 1934 and, in accordance with the Exchange Act, is required to file periodic reports, proxy statements and other information with the SEC. You may review copies of any such information, including any exhibits and schedules thereto, at the SEC's public reference room, located at 100 F Street, N.E., Washington, D.C. 20549, as well as on the Internet website maintained by the SEC at www.sec.gov.

Monitronics International, Inc. was acquired by Ascent Capital Group, Inc., in December, 2010 and is the primary operating subsidiary of Ascent. Headquartered in Dallas, TX, Monitronics is one of the nation's largest, fastest-growing home security alarm monitoring companies. Monitronics provides security alarm monitoring services to more than 1 million residential and commercial customers in the United States, Canada and Puerto Rico through its network of nationwide, independent Authorized Dealers.

Ascent Capital Group, Inc acquired Monitronics in December, 2010. The transaction was valued at approximately $1.2 billion, exclusive of certain hedge related and other liabilities but including the assumption of Monitronics’ existing structured financing.

Monitronics International fiscal year runs from January 1 to December 31. 

Ascent Capital subsidiary, Monitronics International, acquired Security Networks from Oak Hill Capital Partners in August 2013 for $481.8 million in cash and 253,333 newly issued Ascent Series A shares. At transaction close, Ascent acquired over 200,000 accounts, an attractive growth engine of ~225 dealers and approximately $8.8 million of RMR. 

The cash portion of the purchase price was financed through:

  • $225 million Add-on Term Loan B
  • $175 million Add-on High Yield Senior Notes
  • $100 million Intercompany Loan from Ascent (financed through the proceeds of $103.5 million in New Convertible Notes at Ascent)
  • Approximately $20 million Ascent cash contributed as equity to Monitronics.

To obtain more information on Monitronics International, investors can visit the Company’s website at http://www.monitronics.com/

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