DGAP-Adhoc: init innovation in traffic systems SE: Final Announcement regarding share buy-back
DGAP-Ad-hoc: init innovation in traffic systems SE / Key word(s): Share Buyback
init innovation in traffic systems SE: Final Announcement regarding share buy-back
17-March-2020 / 13:53 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, 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) acquired a total of 20,000 treasury shares at an average price of EUR 20.18 (excluding ancillary costs) in the period from 5 March 2020 to and including 17 March 2020.
The share buyback was carried out in accordance with the ad hoc release dated 4 March 2020 and was executed via the stock exchange (XETRA) by Commerzbank AG, the financial institution commissioned by init.
The number of acquired shares corresponds to an imputed share of 0.2 % of the capital stock. Pursuant to the resolution of 4 March 2020, the share buyback is thus completed.
Information about individual transactions and daily trading volumes are published online under the following link:
www.initse.com/ende/investors/the-share
Contact:
Person making the notification:
Simone Fritz
Investor Relations
ir@initse.com
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End of Announcement DGAP News Service
999337 17-March-2020 CET/CEST