Section 172(1) Statement

The Board’s priority is to promote the success of the group for the benefit of its members as a whole with regards to all its stakeholders and to the matters set out in section 172(1)(a) to (f) of the Companies Act 2006. Effective engagement with our key stakeholders is critical to the long-term success of the business. Dialogue with stakeholders assists in identifying the effects of group policies and practices, predicting future developments and trends and realigning strategy.

Shareholders

The Board has regular dialogue with the shareholders, who provide and appropriate level of challenge of our strategy and objectives. The board is aware that the priorities and strategic imperatives of shareholders will not all be the same and aims to understand those views and act fairly between members.

Workforce

The group is committed to being a responsible business, maintain and improving the methods by which employees are involved and can contribute. The group’s approach is to fully discuss any matters that may impact the employee’s interests, through regular staff communications and meetings.

Customers

The group is committed to developing and maintaining strong client relationships for the long term. Management engage with customers on regular basis, to assess activity levels and performance. Customer feedback regarding service and quality, is considered by management.

Suppliers and sub-contractors

We are committed to developing and maintaining strong supplier relationships for the long term.