Ad-hoc | 20 December 2013 17:19
init innovation in traffic systems AG / Key word(s): Share Buyback/Share Buyback
20.12.2013 17:19
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Karlsruhe, 20 December 2013. init innovation in traffic systems AG
repurchased a total of 35,992 shares of init innovation in traffic systems
AG (ISIN DE0005759807) at an average price of EUR 23.14 within the period
from 11 November 2013 up to and including 20 December 2013.
The share buy-back was carried out in accordance with the ad hoc release
dated 11 November 2013 and was executed via the stock exchange (XETRA) by
Commerzbank AG, the financial institution commissioned by init innovation
in traffic systems AG.
The number of repurchased shares corresponds to an imputed share of 0.36%
of the capital stock. Pursuant to the resolution of 11 November 2013 the
share buy-back is thus completed.
The information will also be available from the following website
www.initag.com (see Investor Relations/The init share/Share buy-back).
20.12.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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