Section 172 of the Companies Act 2006 sets out a number of duties that directors owe to a company. These include a general duty requiring directors to act in a way in which they consider, in good faith, will promote the success of the company for the benefit of shareholders as a whole.
In line with statutory reporting requirements, certain Smiths Group companies publish a section 172 statement explaining how directors have discharged their duties under the Companies Act 2006. The statements for qualifying subsidiaries are available below.
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