Ad-hoc | 14 March 2017 11:01

init innovation in traffic systems SE: Managing Board proposes an increase in dividend to EUR 0.22 per share

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

14-March-2017 / 11:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The Managing Board of init innovation in traffic systems SE (ISIN DE 0005759807 – formerly init AG) today decided to propose to the Supervisory Board an increase of the dividend for fiscal year 2016 by 10 percent from EUR 0.20 per share to EUR 0.22 per share, on the basis of preliminary, unaudited results for the 2016 financial year.

The Managing Board would like to set a signal on the growth prospects of the company, but also strengthen the company substance for future investments.

After approval of the audited financial statements and subject to the agreement of the Supervisory Board, the appropriation of earnings is to be submitted for resolution to the Annual General Meeting held on 24 May 2017.

Contact:
Person making the notification:
Simone Fritz
Investor Relations
ir@initse.com

14-March-2017 CET/CEST 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

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