Shelly Group SE (Ticker: SLYG / ISIN: BG1100003166), 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 determined that the initial payment date will be July 28, 2026, with the final date of payment set for July 28, 2027. This announcement provides clarity for shareholders regarding the timeline for receiving their dividends.
The dividend payment will be processed 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. For shareholders whose securities accounts are held in Register A of the Central Depository (personal accounts), dividends will be paid through the 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 the assistance of the Central Depository. This structured approach ensures that all shareholders, regardless of their account type, receive their dividends efficiently.
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, provided they send an explicit request to Shelly Group SE. Any unreceived or unclaimed dividends after the five-year limitation period will be credited to the Company's Reserve Fund. This policy protects shareholder interests while allowing the company to manage unclaimed funds responsibly.
Shelly Group SE develops, designs, and distributes IoT and smart building solutions for both DIY and professional users, offering advanced technology, seamless interoperability, and high technological flexibility. The company’s products enable remote control, automation, and energy management of electrical appliances and smart building solutions via smartphones, PCs, or third-party home automation systems. In addition to device sales, Shelly Group generates revenue from its cloud applications and benefits from asset-light production through contract manufacturers.
With a strong presence in German-speaking countries and representation in over 100 countries, Shelly Group has sales organizations in DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the United Kingdom, Bulgaria, Slovenia, the United States, and China. The company is listed on the Bulgarian Stock Exchange and on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (XETRA: SLYG), and is included in the SDAX. For further information, visit corporate.shelly.com.
This dividend announcement is significant for shareholders as it provides a clear schedule and process for receiving returns on their investment. The extended payment period and the option to claim unclaimed dividends within five years offer flexibility and security. For the industry, Shelly Group’s consistent dividend policy reflects its financial stability and commitment to shareholder value, which may influence investor confidence in the IoT and smart building sector.
