DGAP-Ad hoc: METRIC mobility solutions AG

DGAP-Adhoc: METRIC mobility solutions AG: Change in stock exchange segments/Reduced sales and earnings expectations

METRIC mobility solutions AG / Key word(s): Development of Sales/IPO

29.07.2016 16:55

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Hanover, 29.07.2016

The Board of Management of METRIC mobility solutions AG today adopted a resolution to change the stock exchange listing of METRIC mobility solutions AG shares from the Prime Standard of the Regulated Market to the General Standard of the Regulated Market of the Frankfurt Securities Exchange. The Company will now file a corresponding application for revocation of the listing of its shares in the Prime Standard segment of the Frankfurt Securities Exchange. The revocation of the listing will take effect after three months have elapsed since the publication of the decision to revoke the listing on the part of the Stock Exchange Management on the Internet (www.deutsche-boerse.com). The listing of METRIC mobility solutions AG shares on the regulated market will remain unaffected by this revocation. The change in stock exchange segments serves to avoid the additional expenditure associated with the stock exchange listing in the Prime Standard segment.

Reduced sales and earnings expectations

The company METRIC mobility solutions AG (Frankfurt Securities Exchange, Prime Standard; ISIN DE000A1X3X66) has lowered its sales and earnings expectations for the current financial year. Unexpectedly occurring deviations from planning figures regarding the realisation of sales revenues and similar departures expected in future have prompted the Board of Management to lower the sales and earnings targets originally forecast for this financial year. METRIC mobility solutions AG now anticipates sales revenues significantly down on the previous year's level (previously: after currency adjustments, in the lower single-digit percentage range above the previous year's figure) and negative EBIT at least in the upper single-digit millions range (previously: positive EBIT in the lower single-digit millions range). This forecast is based on the assumption of "going concern" accounting. It will not be possible for the plan deviations that occurred in the realisation of sales revenues in the first half of the year (in the context of the insolvency proceedings under own administration applied for by the Company) to be compensated for in the second half of the year. In contrast, additional negative deviations from the planning figures for sales realised are expected to arise in the second half of the year. For instance, the public transport authority Berliner Verkehrsbetriebe (BVG) has declared a contractual rescission. This rescission alone will lead to lower invoiced sales revenues at METRIC mobility solutions AG in the second half of 2016 in the upper single-digit millions range. METRIC mobility solutions AG plans to make an effort to reach an amicable solution with the public transport authority Berliner Verkehrsbetriebe (BVG). The objective of METRIC mobility solutions AG is to continue the relevant project. A further appointment for negotiations in this connection has been made with Berliner Verkehrsbetriebe (BVG). Moreover, the preliminary insolvency proceedings currently under way are making it more difficult for the Company to participate in public tenders. METRIC mobility solutions AG Thomas Dibbern CEO Rotenburger Str. 20 30659 Hanover The Board of Management

Contact: METRIC mobility solutions AG Sybille Gäbisch +49 511 6102-300 IR@metric-group.com

29.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: METRIC mobility solutions AG Rotenburger Str. 20 30659 Hannover Germany Phone: +49 (0)511-6102-0 Fax: +49 (0)511-6102-411 E-mail: info@metric-group.com Internet: http://www.metric-group.com ISIN: DE000A1X3X66 WKN: A1X3X6 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------