IDP Education : Change in substantial holdingOpens in a new Window

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	IDP Education Ltd.
ACN/ARSN	ACN 117 676 463
1. Details of substantial holder (1)
Name	The Capital Group Companies, Inc. ("CGC"), and its related bodies corporate *
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	29-Oct-2020
The previous notice was given to the company on	29-Jun-2020
The previous notice was dated		29-Jun-2020

• The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management Company ("CRMC") and Capital Bank & Trust Company ("CB&T"). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company
  of four investment management companies ("CGII management companies"): Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K. CGII management companies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of the Issuer for its own account. Rather, the shares reported are owned by accounts under the discretionary investment management of one or more of the investment management companies that make up CGC.

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous Notice		Present Notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Common Stock	20,870,787	7.50%	23,808,085	8.55%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of	Person whose	Nature of change (6)	Consideration given	Class and number of	Person's
change	relevant interest		in relation to change	securities affected	votes
	changed		(7)		affected
See
Annexure "A"

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant	Registered holder of	Person entitled to	Nature of relevant	Class and number	Person's
interest	securities	be registered as	interest (6)	of securities	votes
		holder (8)
See Annexure "B"

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)

Nature of association

N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
The Capital Group Companies, Inc.	333 South Hope Street, 55th Fl, Los Angeles CA 90071, USA
Capital Research and Management Company	333 South Hope Street, 55th Fl, Los Angeles CA 90071, USA

Signature

print name	Donald H. Rolfe	capacity	Senior Counsel
sign here
	date	02-Nov-2020

Annexure "A"

3. Changes in relevant interests (from 26-Jun-2020 to 29-Oct-2020 )

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of	Person whose	Nature of change (6)	Consideration given	Class and number of	Person's
change	relevant interest		in relation to change	securities affected	votes
	changed		(7)		affected
26-Jun-2020	Capital Research	Acquired on market	3,120,798.46 AUD	200,263 Common	200,263
	and Management			Stock
	Company
26-Jun-2020	Capital Research	Acquired on market	6,229,880.00 AUD	400,000 Common	400,000
	and Management			Stock
	Company
29-Jun-2020	Capital Research	Acquired on market	689,072.01 AUD	44,537 Common	44,537
	and Management			Stock
	Company
02-Jul-2020	Capital Research	Disposed on market	-18,343.68 AUD	-1,088 Common	-1,088
	and Management			Stock
	Company
02-Jul-2020	Capital Research	Acquired on market	3,225,654.32 AUD	186,200 Common	186,200
	and Management			Stock
	Company
09-Jul-2020	Capital Research	Disposed on market	-17,127.50 AUD	-1,105 Common	-1,105
	and Management			Stock
	Company
07-Aug-2020	Capital Research	Acquired on market	17,278.15 AUD	1,307 Common Stock	1,307
	and Management
	Company
10-Aug-2020	Capital Research	Acquired on market	187,489.90 AUD	13,923 Common	13,923
	and Management			Stock
	Company
10-Aug-2020	Capital Research	Acquired on market	562,497.36 AUD	41,754 Common	41,754
	and Management			Stock
	Company
10-Aug-2020	Capital Research	Acquired on market	1,384,641.68 AUD	104,413 Common	104,413
	and Management			Stock
	Company
11-Aug-2020	Capital Research	Acquired on market	732,713.55 AUD	54,910 Common	54,910
	and Management			Stock
	Company
17-Aug-2020	Capital Research	Disposed on market	-16,855.45 AUD	-1,217 Common	-1,217
	and Management			Stock
	Company
18-Aug-2020	Capital Research	Disposed on market	-88,220.11 AUD	-6,310 Common	-6,310
	and Management			Stock
	Company
24-Aug-2020	Capital Research	Acquired on market	317,228.40 AUD	16,923 Common	16,923
	and Management			Stock
	Company
24-Aug-2020	Capital Research	Acquired on market	9,802,349.20 AUD	513,212 Common	513,212
	and Management			Stock
	Company
28-Aug-2020	Capital Research			8,550,000 Common	8,550,000
	and Management			Stock
	Company
31-Aug-2020	Capital Research	Acquired on market	17,271.48 AUD	883 Common Stock	883
	and Management
	Company
02-Sep-2020	Capital Research	Disposed on market	-2,910,000.00 AUD	-150,000 Common	-150,000
	and Management			Stock
	Company
02-Sep-2020	Capital Research	Disposed on market	-1,950,000.00 AUD	-100,000 Common	-100,000
	and Management			Stock
	Company

Date of	Person whose	Nature of change (6)	Consideration given	Class and number of	Person's
change	relevant interest		in relation to change	securities affected	votes
	changed		(7)		affected
02-Sep-2020	Capital Research	Disposed on market	-1,157,418.74 AUD	-59,233 Common	-59,233
	and Management			Stock
	Company
11-Sep-2020	Capital Research	Acquired on market	17,440.64 AUD	916 Common Stock	916
	and Management
	Company
08-Oct-2020	Capital Research	Disposed on market	-91,039.98 AUD	-4,724 Common	-4,724
	and Management			Stock
	Company
13-Oct-2020	Capital Research	Disposed on market	-18,748.26 AUD	-959 Common Stock	-959
	and Management
	Company
21-Oct-2020	Capital Research	Acquired on market	108,068.42 AUD	5,603 Common Stock	5,603
	and Management
	Company
23-Oct-2020	Capital Research	Acquired on market	578,223.53 AUD	29,642 Common	29,642
	and Management			Stock
	Company
26-Oct-2020	Capital Research	Acquired on market	636,281.28 AUD	31,324 Common	31,324
	and Management			Stock
	Company
26-Oct-2020	Capital Research	Acquired on market	2,500,306.93 AUD	123,327 Common	123,327
	and Management			Stock
	Company
27-Oct-2020	Capital Research	Acquired on market	1,044,028.48 AUD	51,392 Common	51,392
	and Management			Stock
	Company
27-Oct-2020	Capital Research	Acquired on market	9,120,069.17 AUD	449,249 Common	449,249
	and Management			Stock
	Company
27-Oct-2020	Capital Research	Acquired on market	15,606,000.00 AUD	765,000 Common	765,000
	and Management			Stock
	Company
28-Oct-2020	Capital Research	Acquired on market	148,124.83 AUD	7,273 Common Stock	7,273
	and Management
	Company
29-Oct-2020	Capital Research	Acquired on market	775,015.16 AUD	38,115 Common	38,115
	and Management			Stock
	Company
29-Oct-2020	Capital Research	Acquired on market	1,387,002.56 AUD	68,258 Common	68,258
	and Management			Stock
	Company
29-Oct-2020	Capital Research	Acquired on market	2,306,375.64 AUD	113,510 Common	113,510
	and Management			Stock
	Company

This is Annexure "A" referred to in the Form 604 "Notice of change of interests of substantial holder"

Signature	The Capital Group Companies, Inc.
print name	Donald H. Rolfe	capacity	Senior Counsel
sign here
	date	02-Nov-2020