DGAP-Ad hoc: init - innovation in traffic systems AG

DGAP-Adhoc: init innovation in traffic systems AG: Managing Board and Supervisory Board propose dividend of EUR 0.20 per share (previous year: 0.80 Euro)

init innovation in traffic systems AG / Key word(s): Dividend/Dividend

14.03.2016 18:02

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Karlsruhe, 14 March 2016. One of the main objectives for the Managing Board of init innovation in traffic systems AG (ISIN DE 0005759807) is to achieve a balanced relationship between a shareholder-friendly dividend policy and the strengthening of corporate substance for future growth. As company profits in 2015 have reduced compared to the previous year, the Managing Board and the Supervisory Board recognise the need to adjust the dividend payment accordingly.

Therefore, the Managing Board of init AG decided today to submit a proposal for the appropriation of earnings to the Supervisory Board for submission to the Annual General Meeting, which recommends for 2015 to distribute a dividend of EUR 0.20 per share entitled to dividend (previous year: EUR 0.80).

The decision on this will be taken by the Annual General Meeting of init shareholders, which has been convened for 21 July 2016 in the Concert House of the Convention Centre in Karlsruhe.

14.03.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: init innovation in traffic systems AG Käppelestraße 4-6 76131 Karlsruhe Germany Phone: +49 (0)721 6100 0 Fax: +49 (0)721 6100 399 E-mail: ir@initag.de Internet: www.initag.de ISIN: DE0005759807 WKN: 575980 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------