SHELLY GROUP SE (Ticker: SLYG / ISIN: BG1100003166), a provider of IoT and smart building solutions, announced the terms of its dividend payment following the resolution of the General Meeting of Shareholders on June 29, 2026. The Board of Directors has set the initial payment date for July 28, 2026, with the final payment date on July 28, 2027. The dividend will be distributed through the Central Depository AD, in compliance with the Public Offering of Securities Act and Ordinance 8 dated November 12, 2003, issued by the Financial Supervision Commission.
Shareholders with securities accounts in Register A (personal accounts) will receive dividends through branches of DSK Bank AD. Those with accounts in Register B (client sub-accounts with an investment intermediary) will be paid through their respective investment intermediary, with assistance from the Central Depository. After the payment term expires, shareholders who have not received their dividends within the five-year limitation period may claim them directly from the company in cash or via bank transfer by submitting an explicit request. Unclaimed dividends after the five-year period will be credited to the company's Reserve Fund.
This announcement is crucial for investors as it clarifies the timeline and process for receiving dividend payments, ensuring transparency and compliance with regulatory requirements. The five-year grace period for claiming dividends provides flexibility, while the eventual transfer to the Reserve Fund underscores the company's prudent financial management. For more details, shareholders and interested parties are encouraged to visit the company's corporate website at corporate.shelly.com.
Shelly Group SE develops, designs, and distributes IoT and smart building solutions for DIY and professional users. The company's products enable remote control, automation, and energy management of electrical appliances and smart building systems via smartphones, PCs, or third-party home automation systems. Revenue is generated from device sales and cloud applications. With an asset-light production model using contract manufacturers, Shelly Group has a strong presence in German-speaking countries and markets its products in over 100 countries. Sales organizations are located 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 index.
