init innovation in traffic systems SE

Transaction in Own Shares • Apr 9, 2019

News Details

Corporate | 9 April 2019 15:53

init innovation in traffic systems SE: init decides share buyback

DGAP-News: init innovation in traffic systems SE / Key word(s): Share Buyback

09.04.2019 / 15:53

The issuer is solely responsible for the content of this announcement.

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The managing board of init innovation in traffic systems SE has decided in accordance with the resolution of the general meeting of 13 May 2015, topic 6 of the agenda to repurchase up to 38,000 own shares (pursuant to § 71 (1.8) AktG) for a maximum total purchase price of EUR 500,000 (without additional charges) via the stock exchange.

The repurchased shares are to be used for existing and future employee share schemes, incentive schemes for members of the managing board and managing directors, as acquisition currency and/or for cash to third party.

It is planned to transact the share buy-back during the period from 10 April 2019 to 30 June 2019 on the stock exchange.

Contact:

Person making the notification:

Simone Fritz

Investor Relations

ir@initse.com

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09.04.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	init innovation in traffic systems SE
	Käppelestraße 4-10
	76131 Karlsruhe
	Germany
Phone:	+49 (0)721 6100 0
Fax:	+49 (0)721 6100 399
E-mail:	ir@initse.com
Internet:	www.initse.com
ISIN:	DE0005759807
WKN:	575980
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	797775

End of News	DGAP News Service