Public offering of shares from the capital increase of
Shelly Group PLC, ISIN BG1100003166,
Addressed to – employees of Shelly Group PLC and its subsidiaries
in accordance with the requirements of Article 1(4)(i) and Article 1(5)(h) of Regulation (EU) 2017/1129
| Type of the offered securities: | Ordinary, dematerialized, registered, freely transferable shares |
| Number of offered securities: | Up to 55,331 |
| Nominal value per unit: | BGN 1.00 (one) per share |
| Total nominal value: | Up to BGN 55,331 |
| Issue price: | BGN 1.00 per share |
| Total issue price: | From BGN 1,00 (minimum subscription)Up to BGN 55,331 (maximum subscription) |
| ISIN of the issue: | BG1100003166 |
| Investment intermediary of the issue | Karoll AD |
The current public offering of shares of the capital increase of Shelly Group PLC is based on resolution of the General Meeting of the Shareholders of 04.06.2024.
The Offering is addressed to a specified group of investors –Eligible Employees – persons, employed as of 31 December 2023 under an employment or management contract with Shelly Group PLC and/or any of its subsidiaries registered in the Republic of Bulgaria (Shelly Europe EOOD, Shelly Trading EOOD, Shelly Properties EOOD), in the Republic of Slovenia (Shelly Tech d.o.o) and in the Federal Republic of Germany (Shelly DACH GmbH), except for the members of the Board of Directors, who continue to hold such capacity as of the start date for subscription of shares from the capital increase and as of the start date for subscription of shares are not in a process of termination of their relationship with the relevant company regardless of the reason. In the event that, on the said date, the Employee does not comply with any of the said eligibility requirements, this Employee shall not be entitled to participate in the capital increase and to subscribe for shares.
The persons entitled to subscribe for shares from this capital increase, as well as the maximum number of shares that each of them is entitled to subscribe for, shall be determined by the Board of Directors of Shelly Group PLC by means of a special list, pursuant to an express delegation by the General Meeting of Shareholders of 4 June 2024.
