init innovation in traffic systems AG

DGAP-PVR: init innovation in traffic systems AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution



DGAP Voting Rights Announcement: init innovation in traffic systems AG
init innovation in traffic systems AG: Release according to Article 26, Section
1 of the WpHG [the German Securities Trading Act] with the objective of
Europe-wide distribution

27.01.2016 / 11:02
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of
EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Notification of Major Holdings

1. Details of issuer
init innovation in traffic systems AG
Käppelestraße 4-6
76131 Karlsruhe
Germany

2. Reason for notification
X Acquisition/disposal of shares with voting rights

  Acquisition/disposal of instruments

  Change of breakdown of voting rights

  Other reason:

3. Details of person subject to the notification obligation
Name:                                      City and country of registered
office:

BNP Paribas Investment Partners Belgium SA Brussels
                                           Belgium

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

 

5. Date on which threshold was crossed or reached
21 Jan 2016

6. Total positions
                      % of voting rights attached to shares % of voting rights
through instruments total of both in % total number of voting rights of issuer
                      (total of 7.a.)                       (total of 7.b.1 +
7.b.2)               (7.a. + 7.b.)

Resulting situation   2.99 %                                0 %
2.99 %             10,040,000

Previous notification 3.07 %                                %
3.07 %             /

7. Notified details of the resulting situation
a. Voting rights attached to shares (Sec.s 21, 22 WpHG)
ISIN         absolute       in %

             direct         indirect       direct         indirect
             (Sec. 21 WpHG) (Sec. 22 WpHG) (Sec. 21 WpHG) (Sec. 22 WpHG)

DE0005759807 300313                        2.99 %         %

Total        300313         2.99 %

b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period
Voting rights absolute Voting rights in %


%

                                               Total
%

b.2. Instruments according to Sec. 25 para. 1 No. 2 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period
Cash or physical settlement Voting rights absolute Voting rights in %


%

                                                
Total                                              %

8. Information in relation to the person subject to the notification obligation

  Person subject to the notification obligation is not controlled and does
itself not control any other undertaking(s) holding directly or indirectly an
interest in the (underlying) issuer (1.).

X Full chain of controlled undertakings starting with the ultimate controlling
natural person or legal entity:


Name                                       % of voting rights (if at least held
3% or more) % of voting rights through instruments (if at least held 5% or more)
Total of both (if at least held 5% or more)

BNP Paribas Investment Partners SA         %
%                                                                    %

BNP Paribas Investment Partners  UK Ltd    %
%                                                                    %

BNP Paribas Investment Partners Belgium SA %
%                                                                    %

9. In case of proxy voting according to Sec. 22 para. 3 WpHG


Date of general meeting:

Holding position after general meeting: % (equals   voting rights)


--------------------------------------------------------------------------------

Language: English

Company:  init innovation in traffic systems AG

          Käppelestraße 4-6

          76131  Karlsruhe

          Germany

Internet: www.initag.de


End of News DGAP News Service
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