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init innovation in traffic systems SE

Transaction in Own Shares Aug 20, 2018

224_rns_2018-08-20_e188447c-c275-4651-b4b1-89856608af55.html

Transaction in Own Shares

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News Details

Ad-hoc | 20 August 2018 15:59

init innovation in traffic systems SE: Completion share buyback

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

init innovation in traffic systems SE: Completion share buyback

20-Aug-2018 / 15:59 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

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


Karlsruhe, 20 August 2018. init innovation in traffic systems SE (ISIN DE0005759807) repurchased a total of 28,578 own shares at a weighted average price of EUR 17.50 (without additional charges) within the period from 18 July 2018 up to and including 20 August 2018. The total value of the shares repurchased was EUR 499,990.02 (without additional charges).

The share buyback was carried out in accordance with the ad hoc release dated 17 July 2018 and was executed via the stock exchange (XETRA) by Commerzbank AG, the financial institution commissioned by init.

The number of repurchased shares corresponds to an imputed share of 0.28 % of the capital stock. Pursuant to the resolution of 17 July 2018 the share buyback is thus completed.

Information about individual transactions and daily trading volumes has been published on the internet at the following link:

https://www.initse.com/ende/investors/the-share.html

Contact:

Person making the notification:

Simone Fritz

Investor Relations

[email protected]


20-Aug-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


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: [email protected]
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
End of Announcement DGAP News Service

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