Ad hoc release in compliance with § 15 WpHG
Final Announcement regarding Share Buy-back
Announcement pursuant to Article 4 para. 4 of the European Regulation (EC) 2273/2003
Karlsruhe, December 8, 2011. init innovation in traffic systems AG repurchased a total of 20,000 shares of init innovation in traffic systems AG (ISIN DE0005759807) at an average price of EUR 14.7847 within the period from November 18, 2011 up to and including December 8, 2011.
The share buy-back was carried out in accordance with the ad hoc release dated November 18, 2011 and was executed via the stock exchange (XETRA) by Commerzbank AG, the financial institution commissioned by init innovation in traffic systems AG.
The number of repurchased shares corresponds to an imputed share of 0.2% of the capital stock. Pursuant to the resolution of November 18, 2011. The share buy-back is therefore complete.