BTC Health : Net Tangible Asset Backing – 31 December 2019

15 January 2020: Net Tangible Asset (NTA) Backing - December 2019

31 December 2019	Board Valuation
Company	Current Value	Cents per BTC
share
UNLISTED SECURITIES	$
Sensear Pty Ltd	-	0.00c
Bio101group Pty Ltd	375,000	0.15c
BioImpact Pty Ltd	100	0.00c
BTC Speciality Health Pty Ltd	6,000,000	2.44c
TOTAL UNLISTED SECURITIES	6,375,100	2.59c
Net Loans to Subsidiaries	1,528,006	0.62c
Net Cash at call	3,300,165	1.34c
Office Bond	14,795	0.01c
Tax Provision	-	0.00c
TOTAL	11,218,066	4.56c

There has been no material change in the valuation of any unlisted securities held by BTC health in the last month.

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. Bio101 is a wholly owned investee company offering professional finance and company administration services to healthcare companies. 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, Chairman.

Contact Information

Richard Treagus

Chairman

BTC health Limited

Ph: [phone]

E-mail:[e-mail]

Sharon Papworth

Company Secretary

BTC health Limited

E-mail:[e-mail]

BTC health Ltd ABN 45 091 979 172
Suite 201, 697 Burke Road, Camberwell VIC 3124 Australia P 1800 100 282 [e-mail]	btchealth.com.au