DGAP-Ad hoc: METRIC mobility solutions AG

DGAP-Adhoc: METRIC mobility solutions AG: early prolongation of a merchandise credit facility with primary supplier Zollner Elektronik AG

METRIC mobility solutions AG / Key word(s): Financing

22.03.2016 08:45

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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Hanover, 22 March 2016 On 18 March 2016, METRIC mobility solutions AG opted for early prolongation of a merchandise credit facility that was originally scheduled to expire on 31 December 2016 with its main supplier Zollner Elektronik AG for a volume of up to EUR 12.0 million. From the effective date (1 January 2017), the existing merchandise credit facility will continue to be kept as an interest-bearing loan subject to the usual terms and conditions prevailing on the market. The loan agreement cannot be terminated prior to 31 December 2018. Annual redemption payments will begin for the first time as of 30 September 2017. Repayment will be made in a minimum amount, depending on the business success of METRIC mobility solutions AG. The early agreed conversion of the merchandise credit facility into a loan serves to document the trust and confidence of the primary supplier Zollner Elektronik AG in the positive strategic and operational development of METRIC mobility solutions AG. This agreement ensures that the funding of METRIC is secured on a long-term basis, seeing as no liabilities to banks exist on the part of METRIC mobility solutions AG apart from a loan from the principal shareholder, Droege International Group AG.

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

22.03.2016 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: 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@hoeft-wessel.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 End of Announcement DGAP News-Service ---------------------------------------------------------------------------