DGAP-Adhoc: init innovation in traffic systems SE: init decides share buy-back

The managing board of init innovation in traffic systems SE has decided in accordance with the resolution of the general meeting of 13 May 2015, topic 6 of the agenda to repurchase up to 30,000 own shares (pursuant to § 71 (1.8) AktG) for a maximum total purchase price of EUR 500,000 (without additional charges) via the stock exchange.

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, as acquisition currency and/or for cash to third party.

It is planned to transact the share buy-back during the period from 18 July 2018 to 27 September 2018 on the stock exchange.