Shelly Group SE, a provider of IoT and smart building solutions based in Sofia, Bulgaria, has announced the terms of its dividend payment following the resolution of the General Meeting of Shareholders held on June 29, 2026. The Board of Directors has set the initial payment date for July 28, 2026, with the final payment date being July 28, 2027. This decision marks a key step in executing the shareholders' directive to distribute dividends.
The dividend payment will be processed through the Central Depository AD, adhering to the requirements of 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 of the Central Depository (personal accounts) will receive their dividends via branches of DSK Bank AD. For those with accounts in Register B (client sub-accounts with an investment intermediary), the dividend will be distributed through the respective investment intermediary with assistance from the Central Depository.
After the dividend payment term expires, shareholders who have not received their dividends will have a five-year limitation period to claim them. They can request payment from the Company in cash or by bank transfer. Unreceived and unclaimed dividends after this period will be credited to the Company's Reserve Fund. This process ensures that shareholders have ample opportunity to collect their dividends while maintaining financial discipline.
The announcement underscores Shelly Group's commitment to shareholder value and transparent financial practices. As the company continues to expand its presence in the IoT and smart building market, this dividend distribution reflects its financial health and dedication to rewarding investors. For more information about the dividend payment process, shareholders can visit 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 via smartphones, PCs, or third-party home automation systems. With an asset-light production model and a presence in over 100 countries, Shelly Group is listed on the Bulgarian Stock Exchange and the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the ticker SLYG.
