UK subsidiary S172 statements
UK subsidiary statements made under section 172 of the Companies Act 2006
Section 172 of the Companies Act 2006 (the “Act”) sets out a director’s duty to promote the success of the company. In accordance with the Act and the Companies (Miscellaneous Reporting) Regulations 2018, qualifying companies are now required to include a statement in their strategic report of their annual report and accounts which describes how its directors have had regard to the matters set out in section 172.
RS Group plc’s section 172 Statement can be found on page 71 of the Annual Report and Accounts 2024.
The Annual Report and Accounts for RS Group subsidiaries which meet the qualifying criteria to include a section 172 statement are available below.