Ad-hoc | 2 March 2015 14:08
init innovation in traffic systems AG / Key word(s): Share Buyback/Share Buyback
02.03.2015 14:08
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, 02/03/2015. The managing board of init innovation in traffic
systems AG has decided in accordance with the resolution of the general
meeting of 12 May 2010, topic 6 of the agenda to repurchase up to 10,000
own shares (pursuant to § 71 (1.8) AktG). The purchase price per share
should not exceed EUR 23.50 (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
02/03/2015 to 20/03/2015 on the stock exchange.
02.03.2015 The DGAP 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: 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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