Wellington, Oct 14 NZPA - Two directors of failed finance company Five Star had their sentencing on financial reporting charges adjourned to December 22 when they appeared in Auckland District Court today.

Nicholas Kirk and Anthony Bowden pleaded guilty to Companies Office charges last month.

Two other directors have pleaded not guilty and their trial has been set down for October 26.

The directors were charged by the Companies Office under the Securities Act and Financial Reporting Act.

The charges relate to allegedly false and misleading information in investment statements and the company's 2006 registered prospectus.

Five Star Consumer Finance, collapsed in August 2007, owing $63 million.