Aug 4 (Reuters) - Vitaco Holdings Ltd VIT.AX :
* Vit enters into scheme implementation deed VIT.AX
* Vitaco directors unanimously recommend shareholders vote in favour of the scheme
* SIIC Medical Science and Technology (Group) and Pv Zeus propose to acquire 100% of Vitaco Holdings shares by way of scheme of arrangement
* Under the scheme, Vitaco shareholders will receive total consideration of A$2.25 in cash per Vitaco share
* Price of A$2.25 per Vitaco share values vitaco's fully diluted equity at approximately A$313.7 million
* says modest earnings growth expected in fy17
* Source text for Eikon ID:nASX7PHtxp