Shelly Group SE (Ticker: SLYG / ISIN: BG1100003166), a provider of IoT and smart building solutions based in Sofia, Bulgaria, today announced that its Board of Directors has determined the terms of the dividend payment following the resolution of the General Meeting of Shareholders held on June 29, 2026. The initial payment date is set for July 28, 2026, with the final payment date on July 28, 2027. This announcement provides clarity for shareholders regarding the distribution timeline and process.
The dividend payment will be made through the Central Depository AD, in accordance with the Public Offering of Securities Act and Ordinance 8 dated November 12, 2003, issued by the Financial Supervision Commission (FSC). Shareholders with securities accounts in Register A of the Central Depository (personal accounts) will receive their dividends through branches of DSK Bank AD. For those with accounts in Register B (client sub-accounts with an investment intermediary), the dividend will be disbursed via the respective investment intermediary with assistance from the Central Depository. This structured approach ensures that all shareholders, regardless of their account type, can efficiently access their dividends.
After the expiration of the dividend payment term, shareholders who have not received their dividends within the five-year limitation period may still claim them from the Company in cash or by bank transfer upon explicit request. Requests should be sent to Shelly Group SE. Unreceived and unclaimed dividends after the five-year limitation period will be credited to the Company's Reserve Fund. This policy aligns with standard corporate practices and protects shareholder interests while allowing the company to manage unclaimed funds.
Shelly Group SE designs and distributes IoT and smart building solutions for both DIY and professional users, offering advanced technology and seamless interoperability. The company's products enable remote control, automation, and energy management of electrical appliances via smartphones, PCs, or third-party systems. Revenue is generated from device sales and cloud applications, with an asset-light production model using contract manufacturers. The company has a strong presence in German-speaking countries and distributes products in over 100 countries, with sales organizations in DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the United Kingdom, Bulgaria, Slovenia, the United States, and China.
Listed on the Bulgarian Stock Exchange and the regulated market (Prime Standard) of the Frankfurt Stock Exchange (XETRA: SLYG), Shelly Group is included in the SDAX. For further information, please visit corporate.shelly.com.
