DGAP-Ad hoc: METRIC mobility solutions AG

DGAP-Adhoc: METRIC mobility solutions AG: Purchase and transfer agreement concluded by METRIC mobility solutions AG and Almex GmbH as well as Tri Star Security Pte. Ltd; Consolidated HY1 2016 earnings below target

METRIC mobility solutions AG / Key word(s): Disposal/Half Year Results

30.09.2016 13:24

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.

---------------------------------------------------------------------------

Hanover, 30 September 2016 - Since 29 August 2016, METRIC mobility solutions AG (Frankfurt Securities Exchange, Prime Standard; ISIN DE000A1X3X66) has been within initiated insolvency proceedings under self-administration. In the night from 29 to 30September 2016, the company entered into a purchase and transfer agreement with Almex GmbH and Tri Star Security Pte. Within the scope of this agreement, after execution - with economic effect as of 1 October 2016 - by way of an asset deal the Retail & Logistics and Public Transport business units (METRIC DE) were taken over in full by Almex GmbH based in Hessisch-Lichtenau through the acquisition of the assets of METRIC mobility solutions AG attributable to these business units. In addition, the Parking Systems business unit (METRIC UK) is acquired through the purchase of all company shares in METRIC Group Holdings Ltd. by Tri Star Security Pte. Ltd (share deal). A total purchase price in the lower seven digit (EUR) range was agreed. Both purchasing companies are part of DUTECH HOLDINGS LIMITED, headquartered in Singapore. The execution of the purchase and transfer agreement is contingent upon certain terms and conditions being met. In connection with the takeover of the assets of METRIC mobility solutions AG by Almex GmbH, an operational transfer is to take place as contemplated by Section 613a of the German Civil Code (BGB). It is intended to retain over 125 jobs at the Hanover location. No business units remain with METRIC mobility solutions AG i.I. (in insolvency). The company's future activities will focus on the settlement of the insolvency proceedings upon execution of the purchase and transfer agreement. Due to METRIC mobility solutions AG's situation as of 30 June 2016 it was necessary to subject its assets to comprehensive impairment testing. The relevant audits revealed that fixed and current assets are to be revalued. In total, depreciations were made in the lower eight-digit euro range. As a result of these depreciations and the substantially negative course of business in the 1st half of 2016, we report a negative operating result (EBIT) for the Group amounting to EUR 29.9 million for the 1st half of 2016.

METRIC mobility solutions AG i. I. Thomas Dibbern CEO Paul Lebold CFO Dr. Günter Kuhlmann CTO Rotenburger Str. 20 30659 Hanover

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

30.09.2016 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 ---------------------------------------------------------------------------