November 2, 2026
Elite Diagnostic Limited (ELITE) has advised that on October 30,2026, the Company received an Offer Circular from Resource Assets Limited, a company duly registered under the laws of St. Lucia with registered office at 20 Micoud Castries, St. Lucia (the “Offeror”) to acquire all of the issued ordinary shares of the Company (the “Offer”). ELITE has further advised that the Offer, as communicated to the Board, proposes consideration of J$1.60 per share payable in cash. The Offer is conditional upon regulatory approvals and other conditions.
ELITE has further advised that, in accordance with the Securities (Take-Overs and Mergers) Regulations, the Board will issue a Directors’ Circular to shareholders within seven (7) days of receipt of the take-over bid, containing its recommendation on whether to accept or reject the Offer.
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