Australia's Elixinol Wellness on acquiring Vitable

By Reuters News

** Shares of Australia's Elixinol Wellness EXL.AX rise as much as 14.3% at A$0.008, on track to mark best session since September 2

** Nutrition and wellness company enters binding agreement to acquire Vitable, an Australian personalised supplement subscription platform

** Adds, deal for A$2.5 million($1.76 million), payable in EXL shares with a significant portion performance-based

** Stock down 11.1% YTD, including session's moves

($1 = 1.4227 Australian dollars)

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