Sale of Non-core Business

In brief · summary, not quotable

BATM Advanced Communications Limited has sold its non-core subsidiary, Laborator AMS, for an additional $1 million in cash to a German laboratory group, as part of its strategy to exit non-core activities and focus on core strengths. This marks the fifth disposal by the company in less than a year, which is expected to significantly reduce costs and ongoing commitments, allowing for greater focus on growth potential within its main business segments.

Full announcement

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BATM (LSE: BVC; TASE: BVC), a global provider of advanced network infrastructure, cybersecurity and diagnostic technologies, is pleased to announce the sale of Laborator A.M.S 2000 SRL ("Laborator AMS") as the Group continues to execute on its strategy to exit its non-core activities and drive focus on its core strengths.

As noted in the Group's announcement of 6 October 2025, the laboratories of A.M.S 2000 Trading Impex SRL ("AMS 2000") were to be taken out of that business prior to its sale. The Group formed Laborator AMS to hold these laboratories, which provide analyses for third parties, which it continued to operate while seeking its sale as part of the Group's ongoing strategy to dispose of non-core assets.

The sale of AMS 2000 was completed on 31 December 2025, as announced on 2 January 2026. Further to this, the Group has now sold Laborator AMS, for an additional consideration of $1m in cash, to a laboratory group headquartered in Germany that provides agricultural, environmental, water, food and feed analysis.

Moti Nagar, Chief Executive Officer of BATM, said: "We are pleased to have completed this sale of another non-core subsidiary as we continue to execute on our strategy and streamline our operations. This is our fifth disposal within less than a year, which will significantly reduce our costs and ongoing commitments related to these businesses and allow greater focus to be placed on our core activities that offer significant growth potential."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.