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init innovation in traffic systems AG

EANS-DD: init innovation in traffic systems AG
Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG

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  Notification concerning transactions by persons discharging managerial
  responsibilities pursuant to section 15a of the WpHG, transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is responsible
  for the content of this announcement.
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Details of the person subject to the disclosure requirement:
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Person, triggering the disclosure:
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Name:               Wolfgang Degen
                    (natural person)

Reason for the disclosure requirement:
------------------------------
Reason:             Person performing managerial responsibilities
Position:           Member of a managing body


Details of the transaction:
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Transaction:
------------
Description of financial instrument:  Aktie

ISIN:                DE0005759807
Type of transaction: sales
Date:                31.07.2012
Currency:            Euro
Price:               19.10000
No of items:         2000
Price:               19.20000
No of items:         2000
Total amount traded: 76,600.00000
Place:               XETRA
Explanation:          



Further inquiry note:
-----------------
Simone Fritz
Investor Relations
Tel.: +49 (0)721/6100-115
mailto:ir@initag.de

Issuer subject to the publication requirement:
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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: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
             Stuttgart, regulated dealing/prime standard: Frankfurt 
language:   English

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