Current Report Filing (8-k)
September 16 2015 - 8:43AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
______________
FORM 8-K
______________
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report
(Date
of earliest event reported)
September
16, 2015
______________
DEVRY
EDUCATION GROUP INC.
(Exact
name of registrant as specified in its charter)
______________
Delaware
|
1-13988
|
36-3150143
|
(State of incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
3005 Highland Parkway
Downers Grove, Illinois
|
60515
|
(Address
of principal executive offices)
|
(Zip
Code)
|
(630) 515-7700
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
______________
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 7.01
|
Regulation FD Disclosure.
|
On September 16, 2015 DeVry Education Group Inc. (“DeVry Group”) issued
a press release announcing estimated September enrollment outlooks for
its institutions as part of its Investor Day event. The press release
also provides internet links to a webcast and meeting materials (the
“Investor Day Materials”) related to its Investor Day event on September
16, 2015. A copy of the press release is furnished as Exhibit 99.1 to
this Current Report on Form 8-K.
Certain statements contained in the Investor Day Materials and made
at the DeVry Group’s Investor Day event concerning DeVry Group's future
performance, including those statements concerning DeVry Group's
expectations or plans, may constitute forward-looking statements subject
to the Safe Harbor Provision of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements generally can be
identified by phrases such as DeVry Group or its management "believes,"
"expects," "anticipates," "foresees," "forecasts," "estimates" or other
words or phrases of similar import. Actual results may differ materially
from those projected or implied by these forward-looking statements.
Potential risks, uncertainties and other factors that could cause
results to differ are described more fully in Item 1A, "Risk Factors,"
in DeVry Group's most recent Annual Report on Form 10-K for the year
ending June 30, 2015 and filed with the Securities and Exchange
Commission (SEC) on August 27, 2015.
Item 9.01
|
Financial Statements and Exhibits.
|
99.1 Press Release dated September 16, 2015.
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
DEVRY EDUCATION GROUP INC.
|
|
|
(Registrant)
|
|
|
|
Date:
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September 16, 2015
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By:
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/s/ Patrick J. Unzicker
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|
|
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Patrick J. Unzicker
|
|
|
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Vice President, Chief Accounting Officer and Treasurer
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EXHIBIT INDEX
Exhibit Number
|
|
Description
|
99.1
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|
Press Release dated September 16, 2015
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Exhibit 99.1
DeVry
Education Group Hosts Investor Day and Provides Preliminary Enrollment
Outlook for September
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--September 16, 2015--DeVry
Education Group (NYSE:DV), a global provider of educational services,
announced today its preliminary outlook for September enrollment as part
of its Investor Day event. The event is being held at the co-located
campus of Chamberlain College of Nursing and DeVry University, located
at 3300 N. Campbell Ave. in Chicago. DeVry Group provided the following
preliminary update to September enrollments:
-
DeVry Medical International expects September new student enrollments
to increase 16-17 percent and total enrollments to grow about 1-2
percent, as compared to the year-ago term
-
Chamberlain College of Nursing expects September new student
enrollments to increase 23-25 percent and total enrollments to grow
about 20-22 percent, as compared to the year-ago term
-
Carrington College expects September new student enrollments to
increase 3-4 percent and total enrollments to decline about 3-4
percent, as compared to the year-ago term
-
DeVry Brasil expects September new student enrollments to increase
180-190 percent and total enrollments to grow about 70-75 percent, as
compared to the year-ago term. These enrollments were impacted by the
recent acquisitions of FMF, Faci and Damasio (excluding test-prep),
which all occurred during fiscal year 2015
-
DeVry University expects September new undergraduate student
enrollments to decline 24-26 percent and total enrollments to decline
20-22 percent, as compared to the year-ago term. Graduate course
takers are expected to decline 17-18 percent in the September session,
as compared to the year-ago term
DeVry Group will also provide additional information regarding the
education sector, its strategy and financial outlook. The slide
presentation accompanying management’s discussions (the “Investor Day
Materials”) will be available at http://investors.devryeducationgroup.com/caldesc.aspx?IID=4183694&Key=1073746864
prior to the commencement of the program.
DeVry Group’s Investor Day is scheduled to begin at 10 a.m. CDT and will
conclude at 5 p.m. CDT. DeVry Group will broadcast the presentations
live via webcast at https://event.webcasts.com/starthere.jsp?ei=1067583.
The webcast is scheduled to begin at 10 a.m. CDT, with a break in the
broadcast at 12:30 p.m. CDT to allow for a campus tour. For those unable
to listen to the webcast live, a replay will be available for 30 days in
the investor relations section of the DeVry Group website, www.devryeducationgroup.com.
About DeVry Education Group
The purpose of DeVry Education Group is to empower its students to
achieve their educational and career goals. DeVry Education Group Inc.
(NYSE: DV; member S&P MidCap 400 Index) is a global provider of
educational services and the parent organization of American University
of the Caribbean School of Medicine, Becker Professional Education,
Carrington College, Chamberlain College of Nursing, DeVry Brasil, DeVry
University and its Keller Graduate School of Management, Ross University
School of Medicine and Ross University School of Veterinary Medicine.
These institutions offer a wide array of programs in healthcare,
business, technology, accounting, finance and law. For more information,
please visit www.devryeducationgroup.com.
Certain statements contained in this release, in the Investor Day
Materials and made at DeVry Group’s Investor Day program concerning
DeVry Group's future performance, including those statements concerning
DeVry Group's expectations or plans, may constitute forward-looking
statements subject to the Safe Harbor Provision of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements generally can be identified by phrases such as DeVry Group or
its management "believes," "expects," "anticipates," "foresees,"
"forecasts," "estimates" or other words or phrases of similar import.
Actual results may differ materially from those projected or implied by
these forward-looking statements. Potential risks, uncertainties and
other factors that could cause results to differ are described more
fully in Item 1A, "Risk Factors," in DeVry Group's most recent Annual
Report on Form 10-K for the year ending June 30, 2015 and filed with the
Securities and Exchange Commission (SEC) on August 27, 2015.
CONTACT:
DeVry Education Group
Investor Contact:
Joan
Walter, 630-353-3800
jwalter@devrygroup.com
or
Media
Contact:
Ernie Gibble, 630-353-9920
egibble@devrygroup.com
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