WASHINGTON, D.C. 20549
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO §240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO §240.13d-2.
Check the appropriate box to designate
the rule pursuant to which this Schedule is filed:
The information required in the remainder
of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of
1934 (as amended, the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject
to all other provisions of the Act (however, see the Notes).
CUSIP No. 00164V103
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13G
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Page 2 of 7 pages
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1
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NAMES OF REPORTING PERSONS
CONTRARIUS INVESTMENT
MANAGEMENT LIMITED
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ☒
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Jersey, Channel Islands
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NUMBERS OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
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5
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SOLE VOTING POWER 0
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6
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SHARED VOTING POWER 1,536,612
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7
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SOLE DISPOSITIVE POWER 0
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8
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SHARED DISPOSITIVE POWER 1,536,612
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,536,612
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions)
☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.2%
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12
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TYPE OF REPORTING PERSON (See Instructions)
FI
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CUSIP No. 00164V103
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13G
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Page 3 of 7 pages
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1
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NAMES OF REPORTING PERSONS
CONTRARIUS INVESTMENT
MANAGEMENT (BERMUDA) LIMITED
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ☒
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
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NUMBERS OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
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5
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SOLE VOTING POWER 0
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6
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SHARED VOTING POWER 1,536,612
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7
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SOLE DISPOSITIVE POWER 0
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8
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SHARED DISPOSITIVE POWER 1,536,612
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,536,612
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions)
☐
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.2%
|
12
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TYPE OF REPORTING PERSON (See Instructions)
FI
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SCHEDULE 13G
Item 1(a). Name of Issuer:
AMC Networks Inc.
Item 1(b). Address of Issuer’s
Principal Executive Offices:
11 Penn Plaza, New York, NY 10001
Item
2(a). Name of Person Filing:
Contrarius Investment Management Limited
Contrarius Investment Management (Bermuda) Limited
Item 2(b). Address of Principal Business
Office or, if None, Residence:
Contrarius Investment Management Limited
- 2 Bond Street, St. Helier, Jersey JE2 3NP, Channel Islands
Contrarius Investment Management (Bermuda) Limited – Waterloo
House, 100 Pitts Bay Road, Pembroke HM 08 Bermuda
Item 2(c). Citizenship:
Contrarius Investment Management Limited is a company organized
under the laws of Jersey, Channel Islands.
Contrarius Investment Management (Bermuda) Limited is a company
organized under the laws of Bermuda.
Item 2(d). Title of Class of Securities:
Class A Common Stock
Item 2(e). CUSIP Number:
00164V103
Item
3. If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is
a:
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(a)
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☐
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Broker or dealer registered under section 15
of the Act (15 U.S.C. 78o).
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(b)
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☐
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Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
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(c)
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☐
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Insurance company as defined in
section 3(a)(19) of the Act (15 U.S.C. 78c).
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(d)
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☐
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Investment company registered under
Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
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(e)
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☐
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An investment adviser in accordance
with §240.13d-1(b)(1)(ii)(E).
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(f)
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☐
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An employee benefit plan or endowment
fund in accordance with §240.13d-1(b)(1)(ii)(F).
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(g)
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☐
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A parent holding company or control
person in accordance with § 240.13d– 1(b)(1)(ii)(G).
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(h)
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☐
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A savings association as defined
in Section 3 (b) of the Federal Deposit Insurance Act (12 U.S. C. 1813).
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(i)
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☐
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A church plan that is excluded from
the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S. C. 80a-3).
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(j)
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☒
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A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J).
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(k)
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☒
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Group, in accordance with §240.13d-1(b)(1)(ii)(K).
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If filing as a non-U.S. institution in accordance
with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: Equivalent to IA.
Item
4. Ownership.
Provide the following
information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
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(a)
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Amount beneficially owned: 1,536,612
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(b)
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Percent of class: 5.2%
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(c)
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Number of shares as to which such person has:
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(i)
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Sole power to vote or to direct the vote: 0
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(ii)
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Shared power to vote or to direct the vote: 1,536,612
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(iii)
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Sole power to dispose or to direct the disposition of:
0
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(iv)
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Shared power to dispose or to direct the disposition
of: 1,536,612
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Item
5. Ownership of Five Percent or Less of a Class.
If this statement is
being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than
5 percent of the class of securities, check the following ☐.
Item 6. Ownership
of More than Five Percent on Behalf of Another Person
Other persons have the
right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of the 1,536,612
shares of Class A Common Stock of AMC Networks Inc. beneficially owned by Contrarius Investment Management Limited and Contrarius
Investment Management (Bermuda) Limited.
Item 7. Identification and
Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
N/A
Item 8. Identification
and Classification of Members of the Group.
Contrarius Investment Management Limited and Contrarius Investment
Management (Bermuda) Limited are together making this filing because they may be deemed to constitute a “group” for
the purposes of section 13(d)(3) of the Act.
Item
9. Notice of Dissolution of Group.
N/A
Item 10. Certifications.
By signing below I
certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction
having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
By signing below I certify that, to the
best of my knowledge and belief, the foreign regulatory scheme applicable to Contrarius Investment Management Limited and Contrarius
Investment Management (Bermuda) Limited is substantially comparable to the regulatory scheme applicable to the functionally equivalent
U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed
in a Schedule 13D.
SIGNATURE
After reasonable inquiry
and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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12 February 2021
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CONTRARIUS INVESTMENT MANAGEMENT LIMITED
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By:
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/s/ Thomas Daniel Perkins
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Name: Thomas Daniel Perkins
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Title: Director
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12 February 2021
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CONTRARIUS INVESTMENT MANAGEMENT (BERMUDA) LIMITED
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By:
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/s/ Michal Nosek
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Name: Michal Nosek
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Title: Director
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