
Retail Food Group requests immediate trading halt
RFG requests that the trading halt remain in place until the earlier of commencement of trading on March 2.
Retail Food Group's statement reads as follow, "Retail Food Group Limited requests that ASX grant an immediate trading halt of RFG's securities pending the receipt by RFG of the auditor's report on RFG's financial report for the half year ended 31 December 2017. RFG requests that the trading halt remain in place until the earlier of:
a) the lodgment by RFG with ASX of its financial accounts and accompanying reports in respect of the half year ended 31 December 2017; or
b) commencement of trading on Friday, 2 March 2018.
The Group requests that ASX grant an immediate trading halt of RFG's securities pending the receipt by RFG of the auditor's report on RFG's financial report for the half year ended 31 December 2017.
As foreshadowed in the release made on 9 January 2018, RFG expects its statutory NPAT for 1H18 to be materially less than the result for the equivalent prior period. These results can only be finalised and released to the ASX once RFG's financial statements for the period have been finalised. That can only occur once the auditor's report has been issued which may not, RFG currently understands, be available to RFG until 2 March 2018.
RFG is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt."