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Completion of Sale of Diagnostics Distributor

By Sharecast

Date: Friday 02 Jan 2026







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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