Devry Education Group Inc. (DV): Charles de Vaulx Dumped 900K Shares In One Week, More To Come

Page 6 of 9 – SEC Filing

As of December 22, 2016, the Reporting Persons collectively beneficially owned an aggregate of 4,390,528 Shares, constituting 7.0% of the Issuer’s outstanding Shares.

Each Reporting Person, as a member of a group with the other
Reporting Persons, may be deemed beneficial owner of the Shares directly owned
by the other Reporting Persons. Each Reporting Person disclaims beneficial
ownership of such Shares except to the extent of his or its pecuniary interest
therein.

Item 7. Material to be Filed as Exhibits

Exhibit A

Transactions in Shares that were effected by IVA since
the most recent filing of 13D/A on December 16, 2016

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