14 February 2023Dear Ms IyaluRESPONSE TO ASX QUERYHalo Food Co. Limited (“Halo” or “HLF”) refers to the price and volume query letter received from the ASX on 14 February 2023.Halo responds to each of the ASX’s questions below:1. Is HLF aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?No, HLF is not aware of information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities.2. If the answer to question 1 is “yes”.a. Is HLF relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please note that the recent trading in HLF’s securities would suggest to ASX that such information may have ceased to be confidential and therefore HLF may no longer be able to rely on Listing Rule 3.1A. Accordingly, if the answer to this question is “yes”, you need to contact us immediately to discuss the situation.b. Can an announcement be made immediately? Please note, if the answer to this question is “no”, you need to contact us immediately to discuss requesting a trading halt (see below)c. If an announcement cannot be made immediately, why not and when is it expected that an announcement will be made?Not applicable3. If the answer to question 1 is “no”, is there any other explanation that HLF may have for the recent trading in its securities?HLF is not aware of any other explanation for the trading in its securities. HLF notes that there has been speculation on social media regarding a potential sale of assets by the company, however, at this time no decision has been made by the board and no formal agreements have been entered into in respect of such a sale and, as such, the company does not reasonably expect that this would explain the trading in the company’s securities.4. Please confirm that HLF is complying with the Listing Rules and, in particular, Listing Rule 3,1HLF confirms that, in its opinion, it is in compliance with the Listing Rules5. Please confirm that HLF’s responses to the questions above have been authorised and approved under its continuous disclosure policy or otherwise by its board or an officer of HLF with delegated authority from the board to respond to ASX on disclosure matters.HLF’s responses have been authorised and approved by the board.Yours sincerely,Jourdan Thompson Chief Executive
HLF Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
(20min delay)