REG - BATM Advanced Comm - Completion of Sale of Diagnostics Distributor

Batm Advanced CommunicationsAnnouncement

02/01/2026 07:00

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RNS Number : 3625N  BATM Advanced Communications Ld  02 January 2026

LEI: 213800FLQUB9J289RU66

2 January 2026

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

Completion of Sale of Diagnostics Distributor

 

Further to the Group's announcements of 6 October 2025 and 10 December 2025,
BATM (LSE: BVC; TASE: BVC), a global provider of advanced network
infrastructure, cybersecurity and diagnostic technologies, is pleased to
announce the completion, on 31 December 2025, of the sale of A.M.S 2000
Trading Impex SRL ("AMS") following the satisfaction of all outstanding legal
and regulatory requirements.

 

Pursuant to the sale agreement, the 96,794,500 ordinary shares of NIS 0.01
each in the Group held by Dr. Zvi Marom will now be transferred to Sunstring
Ltd, of which BATM has a 100% indirect ownership. Once transferred, in
accordance with Israeli law, as these shares will be held by a subsidiary of
the Group, they will not have any voting rights (section 309(b) of the Israeli
Companies Law). The Group will issue a further announcement once the share
transfer has completed, which is expected to occur during January.

 

Moti Nagar, Chief Executive Officer of BATM, said: "The sale of AMS marks a
significant milestone in our strategy to become a streamlined, high-growth
business. It is quite an achievement that this is our fourth disposal within
less than a year - and our largest to date - and we continue to make progress
with respect to exiting other non-core assets. We are also pleased that this
transaction will enable us to deliver immediate value to our shareholders. As
we enter 2026, we look forward to continuing this momentum and updating the
market on our progress in the new year."

 

 

Enquiries

 

 BATM
 Moti Nagar, Chief Executive Officer                            +972 9866 2525
 Lior Miles, Chief Financial Officer

 Shore Capital
 Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)  +44 20 7408 4050

 Gracechurch Group
 Harry Chathli, Claire Norbury                                  +44 20 4582 3500

 KK Advisory
 Kam Bansil, Steve Keeling                                      +44 20 7039 1901

 

Forward-looking statements

This document contains forward-looking statements. Those statements reflect
the current opinions, evaluations and estimations of the Group's management,
and are based on the current data regarding the Group's business as is
detailed in this document and in the Group's periodical, interim and immediate
reports. The Group does not undertake any obligation or make any
representation that actual results and events will be in line with those
statements, and stresses that they may differ materially from those
statements, due to changes in the Group's business, market, competition,
demand for the Group's products or services, general economic factors or other
factors that can influence the Group's business and results, due to the risk
factors that are detailed in the Group's Annual Report, and due to information
and factors that are currently unknown to the Group's management and that, if
known, would affect the management's opinions, evaluations or estimations. The
Group will report the actual results and events according to its legal,
accounting and regulatory obligations, and does not undertake any other
obligation to report them or their deviations from the forward-looking
statements, or to update any of the forward-looking statements in this
document or to report that it is not valid anymore.

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