Announcement pursuant to Article 4 para. 4 of the European Regulation (EC) 2273/2003
Karlsruhe, 31 March 2016.
init innovation in traffic systems AG repurchased a total of 25,253 shares of init innovation in traffic systems AG (ISIN DE0005759807) at an average price of EUR 12.63 (without additional charges) within the period from 17 February 2016 up to and including 31 March 2016.
The share buy-back was carried out in accordance with the ad hoc release dated 16 February 2016 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 0.25 % of the capital stock. Pursuant to the resolution of 16 February 2016 the share buy-back is thus completed.
The information will also be available here.