DGAP-Ad hoc: METRIC mobility solutions AG

DGAP-Adhoc: METRIC mobility solutions AG: Termination of own administration of METRIC mobility solutions AG i.I. following a successfull restructuring by merger

METRIC mobility solutions AG / Key word(s): Insolvency/Miscellaneous

08.11.2016 15:50

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, 8 November 2016 - The Local Court of Hanover today approved the application by METRIC mobility solutions AG i. I. (Frankfurt Securities Exchange, Prime Standard; ISIN DE000A1X3X66) for termination of the company's own administration and transfer to regular administration and management. Likewise in response to the Company's application, the past solicitor and creditor trustee Dr Rainer Eckert was appointed insolvency administrator of METRIC mobility solutions AG i.I. With the support of the law firm Brinkmann & Partner, the Board of Management continued to manage the Company's operations comprehensively within the scope of its own administration. Following the sale of the Company's material assets to companies of DUTECH HOLDINGS LIMITED from Singapore at the end of September, the company's own administration was successfully concluded by a restructuring by merger. The Public Transport and Retail & Logistics business units will continue to be operated and managed by ALMEX GmbH within the scope of an operational transfer. The Parking Systems business unit will continue to be managed under the Company's past name, i.e. METRIC Group Ltd.

METRIC mobility solutions AG i. I. Rotenburger Str. 20 30659 Hanover

Thomas Dibbern Paul Lebold Dr. Guenter Kuhlmann

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

08.11.2016 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 ---------------------------------------------------------------------------