Banff businesses must disclose employee counts under contentious new business licence rule - Rocky Mountain Outlook

Elite Diagnostic Ltd has asked its large shareholders to disclose their intentions after another session of heavy trading in its shares on Friday, when 41.5 million units changed hands. It was the latest volume session of the week for the otherwise thinly traded stock. On October 1, some 88.5 million units traded, and on October 6 some 83.9 million. In an October 8 notice, the Kingston-based imaging company said a review of its top-10 shareholder list from the Jamaica Central Securities Depository showed one shareholder held more than 50 per cent of its issued ordinary shares from October 2 to October 6. Thereafter, that unnamed shareholder slid back to one-third of the 353.4 million total issued shares. “No shareholder currently holds more than 50 per cent of the company’s issued ordinary shares. The company’s largest shareholder currently holds ordinary shares, representing approximately 38 per cent of the company’s issued ordinary shares,” the company said in a release on Friday. The Financial Gleaner tried to contact chairman Steven Gooden, who did not return calls. Friday gains, weekly loss The stock closed 2.4 per cent higher on Friday but down 14 per cent for the week.

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