DGAP-Ad-hoc: init innovation in traffic systems SE / Key word(s): Share Buyback/Share Buyback
init innovation in traffic systems SE: Completion share buyback

10-Nov-2017 / 12:05 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.


 init innovation in traffic systems SE (ISIN DE0005759807) repurchased a total of 35,000 own shares at a weighted average price of EUR 19.69 (without additional charges) within the period from 19 October 2017 up to and including 10 November 2017. The total value of the shares repurchased was EUR 689,290.24 (without additional charges).

The share buyback was carried out in accordance with the ad hoc release dated 18 October 2017 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 0.35 % of the capital stock. Pursuant to the resolution of 18 October 2017 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
ir@initse.com

10-Nov-2017 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: 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

 
End of Announcement DGAP News Service

627857  10-Nov-2017 CET/CEST

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