Sale of Non-Core Businesses and Notice of Results

Notice of Results

BATM (LSE: BVC; TASE: BVC), a global provider of advanced network infrastructure, cybersecurity and diagnostic technologies, is pleased to announce the sale of three of its non-core businesses as the Group continues to execute on its strategy to exit its non-core activities and drive focus on its core strengths of networks, cyber and diagnostics. The Group also gives notice of its interim results announcement for the six months ended 30 June 2025.

Strategic execution - sale of non-core businesses

On 30 June 2025, the Group sold two of its non-core businesses, namely Celitron, its eco-med business in Hungary, and Zer Laboratories, an administrator of third-party pre-natal diagnostic tests in Israel. The businesses had been lossmaking for multiple years and the eco-med business had been classified earlier in the year as a discontinued operation for the purpose of the Group's financial reporting.

The Group had readied these operations for sale and intended to close them, to preserve the Group's cash resources, if a sale did not occur during 2025. By securing the sale of these operations, the Group will significantly reduce its costs and ongoing commitments related to these businesses. The Group has also received a total of c. $383k in cash in consideration for the disposals.

In addition, further to the announcement of 5 March 2025, the Group is pleased to confirm that the sale of its Progenetics subsidiary was completed by the end of the first half of 2025 for a total consideration of $2m for the Group's 51% shareholding.

Notice of results

The Group gives notice that it will announce its interim results for the six months ended 30 June 2025 on Monday 18 August 2025.

Moti Nagar, Chief Executive Officer, and Lior Miles, Chief Financial Officer, will be hosting a webinar for investors and analysts at 1.00pm BST on Thursday 21 August 2025. To register to participate or submit a question in advance, please use the following link: https://forms.gle/8FNaWeZrvnUUyivm9

Moti Nagar, Chief Executive Officer of BATM, said: "During the first six months of 2025, we have worked diligently to secure the sale of three of our non-core businesses, alongside taking action to drive growth in our core activities. This is a key part of our strategy to become a focused business comprising BATM Networks, BATM Cyber and BATM Diagnostics. We are continuing to pursue further disposals as well as M&A opportunities that will enable us to accelerate growth in our core divisions. We look forward to updating the market on our progress in due course."