init innovation in traffic systems SE

Transaction in Own Shares • Sep 14, 2015

News Details

Ad-hoc | 14 September 2015 15:01

init innovation in traffic systems AG: init decides share buy-back

init innovation in traffic systems AG / Key word(s): Share Buyback/Share Buyback

14.09.2015 15:01

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Karlsruhe, 14 September 2015. The managing board of init innovation in
traffic systems AG has decided in accordance with the resolution of the
general meeting of 13 May 2015, topic 6 of the agenda to repurchase up to
20,000 own shares (pursuant to § 71 (1.8) AktG). The purchase price per
share should not exceed EUR 21.10 (without additional charges).

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 14
September 2015 to 18 December 2015 on the stock exchange.

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Financial/Corporate News and Press Releases.
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Language: English
Company: init innovation in traffic systems AG
Käppelestraße 4-6
76131 Karlsruhe
Germany
Phone: +49 (0)721 6100 0
Fax: +49 (0)721 6100 399
E-mail: ir@initag.de
Internet: www.initag.de
ISIN: DE0005759807
WKN: 575980
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart

End of Announcement DGAP News-Service

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