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init innovation in traffic systems AG

EANS-Adhoc: init innovation in traffic systems AG

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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19.09.2011

init decides share buy-back

Karlsruhe, September 19, 2011. The managing board of init innovation in traffic
systems AG has decided in accordance with the resolution of the general meeting
of May 12, 2010, topic 6 of the agenda to repurchase up to 20,000 own shares
(pursuant to §71 (1.8) AktG). The purchase price per share should not exceed
16.50 EUR.
The repurchased shares are to be used for existing and future employee share
schemes, incentive schemes for members of the Managing Board and managing
directors and/or as acquisition currency.
It is planned to transact the buy-back during the period from September 19, 2011
to November 30, 2011.



For further information please contact:
Alexander Güntert
init innovation in traffic systems AG
Kaeppelestraße 4-6
76131 Karlsruhe
Tel.: 0721/6100-316
Fax: 0721/6100-399 
ir@initag.de

Sebastian Brunner
communication+consulting
Tel.: 0175/5604673 
fsbrunner@aol.com 

Disclaimer:
"This release is not being issued in the United States of America and should not
be distributed to United States Persons or publications with a general
circulation in the United States. This document does not constitute an offer or
invitation to subscribe for or purchase any securities in addition, the
securities of init AG have not been registered under the United States
securities laws and may not be offered, sold or delivered within the United
States or to U.S. Persons absent from registration under or an applicable
exemption from the registration requirements of the United States securities
law."


Further inquiry note:
Alexander Güntert
Tel.: +49 (0)721 6100-316
E-Mail:  ir@initag.de

end of announcement                               euro adhoc 
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issuer:      init innovation in traffic systems AG
             Käppelestraße 6
             D-76131 Karlsruhe
phone:       +49(0)721 6100-0
FAX:         +49(0)721 6100-399
mail:         info@initag.de
WWW:         http://www.initag.de
sector:      Semiconductors & active components
ISIN:        DE0005759807
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, Hannover, München 
language:   English

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  • 10.08.2011 – 13:15

    EANS-Adhoc: init decides share buy-back

    issuer: init innovation in traffic systems AG Käppelestraße 6 D-76131 Karlsruhe phone: +49(0)721 6100-0 FAX: +49(0)721 6100-399 mail: info@initag.de WWW: http://www.initag.de sector: Semiconductors & active components ISIN: DE0005759807 indexes: CDAX, Prime All Share, Technology All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, Hannover, München ...