Vesta Technology Holdings, which has been warned by the JSE to submit its annual report, says the delay resulted from its audit not yet being completed.
However, financial director Edward Thomas says the audit will be completed within a few days and the report will then be printed and sent out before the 31 March deadline.
The JSE warned the company yesterday that it had missed the end-February deadline to submit its report and would have until the end of this month to do so or face the suspension of its listing.
Although the company said yesterday that CE Frederick Morrison was on leave, Thomas says Morrison in fact cancelled his leave to ensure the audit could be completed and the annual report published.
"I, nor Mr Morrison, unfortunately, did not receive any message to contact you and find it regrettable that your article seems misleading in the regard to the directors not being available for comment. All the other journalists that wanted to speak to us got hold of us."
ITWeb has previously reported that the company corrected earlier results because deferred taxation had been overstated by R353.53 million. The amount was in fact R353 526. ITWeb regrets the error.
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