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BTC HEALTH LTD Net Asset Value 2021

Jul 8, 2021

64575_rns_2021-07-08_d24f3cf4-bee3-4f25-b4ab-1e655548961a.pdf

Net Asset Value

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9 July 2021: Net Tangible Asset (NTA) Backing – June 2021

30 June 2021	Board Valuation
Company	Current ValueCents per BTCshare
UNLISTED SECURITIESSensear Pty LtdBioImpact Pty LtdBTC Speciality Health Pty LtdTOTAL UNLISTED SECURITIESNet Loans to SubsidiariesNet Cash at call(1)Tax Provision	$ -0.00c2,000,1000.81c6,000,0002.44c
	8,000,1003.25c
	2,614,2191.06c227,0740.09c-0.00c
TOTAL	10,841,3934.40c

(1) Net cash at call at 30 June includes $2m one-off payment for the acquisition of exclusive distribution rights for Bronchitol® and Aridol®, due 14 July 2021. BTC raised $2.5m of share capital in July 2021 to support the acquisition. Cash from share capital raised in July is excluded from Net Cash at call at 30 June 2021. Adjusted NTA including share capital raised is $13.2m and equates to 4.69 cents per share.

Valuations

The “Board Valuation” column is based upon the investment policy of the Board and is broadly in line with industry standard practices.

About BTC Health

BTC health Ltd (“BTC”) is a Pooled Development Fund which makes active investments in businesses that acquire, develop and distribute innovative medical products in Australia and New Zealand. The company is building a group of high-growth businesses which together are focused on providing access to some of the best specialized therapeutics and medical devices from around the world. BTC is listed on the Australian Stock Exchange (Code: BTC). Additional information can be found at www.btchealth.com.au

Authorisation

This announcement was authorised for release to the ASX by Richard Treagus, Executive Chairman..