Metis Capital Ltd.
Metis Capital Ltd.: Metis sells Japan Auto
Metis Capital Ltd. / Disposal 22.09.2009 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Tel Aviv/Israel; September 22, 2009 - Metis Capital Ltd. (Prime Standard: EIC; TASE: MTSC) announces that pursuant to the approval received from the board of directors, it gave its consent to an offer received from a third party for acquiring all of its holdings in the company Japan Auto Holdings Ltd. accounting for 50% of Japan Auto's issued and paid-up capital, and this in exchange for 135 million NIS. The Offer is subject to a due diligence examination that shall be performed by the Buyer, to his satisfaction, within 30 days from the date of the Offer, as well as to right of first refusal possessed by Mirage Israel Development Ltd. that holds 50% of Japan Auto's issued and paid-up capital, pursuant to the agreement between the Company and Mirage. The Company shall give an update on any substantial development on this subject matter. Contact: Metis Capital Ltd. Ilan Engel, CFO Phone: +972-3-537 3000 E-mail: ilan@metis-capital.com Janina Wismar Investor Relations Phone: +49-40-60918650 E-mail: janina.wismar@kirchhoff.de 22.09.2009 Financial News transmitted by DGAP --------------------------------------------------------------------------- Language: English Company: Metis Capital Ltd. 30 Hamasger Street 61090 Tel-Aviv Israel Phone: +972 (03) 537-3000 Fax: +972 (03) 537-4000 E-mail: investor@metis-capital.com Internet: www.metis-capital.com ISIN: IL0003570129 WKN: 936734 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------
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