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IDP EDUCATION LIMITED — Director's Dealing 2021
Aug 22, 2021
65101_rns_2021-08-22_9ae0c324-0902-4483-8cb1-627ea6f7e752.pdf
Director's Dealing
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IDP Education Ltd ABN 59 117 676 463
Level 10, 697 Collins Street DOCKLANDS VIC 3008 Tel 61 3 9612 4400 Fax 61 3 9614 0534 [email protected]
23 August 2021
Appendix 3Y – Change of Director’s Interest Notice Correction
IDP Education Limited (“Company”) advises that the Company has inadvertently failed to lodge the required Appendix 3Y documentation with the ASX within the prescribed time period for transactions relating to Mr Peter Polson, a director the Company. Today the Company has lodged Appendix 3Y documents relating to the following transactions:
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The sale of 16,655 ordinary shares on 7 May 2019 by Mr Peter Polson for a total consideration of $255,982.43.
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The sale of 20,000 ordinary shares on 19 June 2019 by the Polson Family Super Trust, which is controlled by Mr Peter Polson, for a total consideration of $366,752.91
The Company has also lodged a consequential revision of the Appendix 3Y lodged on 18 May 2020.
The late lodgement of the two Appendix 3Ys has arisen due to an inadvertent oversight by the Director in providing the information to the Company. The trades referred to in the Appendix 3Ys did not occur during a Blackout Period as defined in the Company’s Securities Trading Policy.
The Company has arrangements in place under Listing Rule 3.19B with its directors to enable it to meet its disclosure obligations under Listing Rule 3.19A. This includes an agreement with each director requiring the director to notify the Company of any trading in securities, which is also reflected in the Company’s Securities Trading Policy.
The Company intends to update its processes to ensure directors are reminded of these obligations on annual basis.
Approved for release by the Company Secretary.
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