The Companies (Miscellaneous Reporting) Regulations 2018 require companies meeting certain criteria to produce a section 172 statement each financial year.

The purpose of the statement is to explain how the directors have acted in good faith to promote the success of the company for the benefit of its members as a whole and in doing so have had regard to the matters listed in section 172(1)a) to (f) of the Companies Act 2006.

SIG plc’s section 172 statement can be found in our 2023 Annual Report and Accounts. The statements for SIG plc subsidiaries that meet the criteria to produce a section 172 statement are available here: