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Shelly Group announces terms of dividend payment

EQS-News: Shelly Group AD / Key word(s): Dividend
Shelly Group announces terms of dividend payment
25.06.2024 / 17:15 CET/CEST
The issuer is solely responsible for the content of this announcement.

Shelly Group announces terms of dividend payment

Sofia / Munich, 25 June 2024 – Shelly Group AD (Ticker SLYG / ISIN: BG1100003166) (“Shelly Group”), a provider of IoT and smart building solutions based in Sofia, Bulgaria, today announced that the Board of Directors, in execution of the resolution of the General Meeting of Shareholders of 4 June 2024 on dividend distribution, has determined the following payment terms:

Initial payment date 3 July 2024

Final date of payment 3 July 2025

After the expiry of the dividend payment term, within the five-year limitation period, any shareholder who has not received his/her dividend will be able to receive it from the Company in cash or by bank transfer after an explicit request for this, sent to Shelly Group AD. Unreceived and unclaimed dividends after the expiry of the five-year limitation period shall be credited to the Company’s Reserve Fund.

The dividend payment will be made through the Central Depository AD and in accordance with the requirements of the Public Offering of Securities Act and Ordinance 8 dated 12 November 2003 about the Central Depository, issued by the FSC. For the shareholders whose securities accounts are in Register A of the Central Depository /personal accounts/ the dividend will be paid through the branches of DSK Bank AD. For shareholders whose securities accounts are in Register B of the Central Depository /client sub-account with an investment intermediary/ the dividend will be paid through the respective investment intermediary with the assistance of the Central Depository.

For further information, please visit corporate.shelly.com.

About Shelly Group

Shelly Group AD is a technology holding company that stands for innovation through the development, manufacture, and distribution of high-quality IoT products. End users and their needs are always at the heart of development. Shelly Group was founded in Bulgaria and works with a team of young, talented developers who are dedicated to producing competitive and user-friendly products. The Group consists of 6 subsidiary companies and has offices in Bulgaria, Germany, and Slovenia as well as in China and USA. Shelly Group’s products have already conquered over 100 markets. Shelly Group AD has been listed on the Bulgarian Stock Exchange since December 2016 and on the Frankfurt Stock Exchange as of November 2021 where its shares are traded under GSIN A2DGX9, ISIN BG1100003166, Ticker SLYG.

Contact Investor Relations

CROSS ALLIANCE communication GmbH
Sven Pauly
Phone: +49 89 125 09 0331
Mail: sp@crossalliance.de
www.crossalliance.de


25.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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