Filed pursuant to Rule 497(a)
File No. 333-203147
Rule 482ad
NEWS RELEASE Contacts: | |
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Dennard · Lascar Associates |
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Ken Dennard | ken@dennardlascar.com |
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Mark Roberson | mroberson@dennardlascar.com |
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713-529-6600 |
Main Street Announces New Direct Stock Purchase Program
HOUSTON July 18, 2017 Main Street Capital Corporation (NYSE: MAIN) (Main Street) is pleased to announce that it has adopted a direct stock purchase program (DSPP). The DSPP enables stockholders and new investors to purchase shares of Main Street common stock directly from Main Street.
The DSPP is a component of Main Streets Dividend Reinvestment and Direct Stock Purchase Plan (the Plan). American Stock Transfer & Trust Company LLC (AST), Main Streets transfer agent and registrar, is the administrator of the Plan. Stockholders and new investors may obtain a copy of the Plan, the Plan prospectus and enrollment information and forms by contacting AST at (866)-706-8371 or visiting ASTs website at www.astfinancial.com. All stockholders and new investors considering enrollment in the Plan should carefully review the terms of the Plan, the Plan prospectus, including the investment objectives, business strategies and risks described therein, and consult with their advisors as to the implications of enrollment in the Plan.
This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the shares referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Streets portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides one stop financing alternatives within its lower middle market portfolio. Main Streets lower middle market companies generally have annual revenues between $10 million and $150 million. Main Streets middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Main Streets common stock trades on the New York Stock Exchange (NYSE) under the symbol MAIN. In addition, Main Street has outstanding 6.125% Notes due 2023, which trade on the NYSE under the symbol MSCA.
DIVIDEND REINVESTMENT AND DIRECT STOCK PURCHASE PLAN
Main Streets Dividend Reinvestment and Direct Stock Purchase Plan (the Plan) is designed to give holders of shares of our common stock and new investors a convenient and economical way to acquire shares of our common stock by reinvesting all or a portion of the cash dividends paid on their shares of our common stock to purchase additional shares of our common stock (the Dividend Reinvestment Program or DRIP) and by making optional cash payments to purchase shares of our common stock directly from us (the Direct Stock Purchase Program or DSPP). The summary of the Plan on this website is not complete and is qualified in its entirety to the full text of the Plan, the Plan prospectus filed with the Securities and Exchange Commission and related information discussed below.
PLAN ADMINISTRATOR
We have appointed American Stock Transfer & Trust Company LLC (AST), our transfer agent and registrar, as administrator of the Plan. You may obtain a copy of the Plan, the Plan prospectus and enrollment information and forms by contacting AST at (866)-706-8371 or visiting ASTs website at www.astfinancial.com.
DIVIDEND REINVESTMENT PROGRAM
The DRIP provides registered stockholders who hold their shares with AST and stockholders holding shares of our common stock through certain brokerage firms that have elected to participate in the DRIP the ability to purchase additional shares of our common stock automatically by reinvesting all or a portion of their cash dividends paid on shares of our common stock. The DRIP is an opt-out program. Therefore, if we declare a cash dividend, registered stockholders and stockholders holding shares through participating brokerage firms who have not elected to receive dividends in cash will have their cash dividend automatically reinvested into additional shares of our common stock. Non-participating brokerage firms and other financial intermediaries may provide a similar dividend reinvestment program.
DIRECT STOCK PURCHASE PROGRAM
The DSPP provides new and existing stockholders the ability to purchase shares of our common stock directly from us without paying any trading fees, brokerage commissions or service fees. Initial investments of shares may be made between $250 (or $100 if you are a registered stockholder or you sign up for automatic monthly investments) and $25,000, and subsequent investments may be made between $100 and $25,000 per month. You can make optional cash investments by check or by authorizing a one-time debit or automatic monthly deductions from your bank checking or savings account.
FEES AND COMMISSIONS
You will not pay any trading fees, brokerage commissions or service fees on common stock purchased through the Plan. You will, however, be responsible for any trading fees, brokerage commissions or service fees paid in connection with your sale of shares from the Plan and for other actions as described in the Plan.
PLAN INFORMATION
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Dividend Reinvestment and Direct Stock Purchase Plan |
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Plan Administrator Website for Information and Enrollment |
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Dividend Reinvestment Plan Election to Opt out Form |
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Plan Prospectus |
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