Shelly Group SE (Ticker: SLYG / ISIN: BG1100003166), a provider of IoT and smart building solutions based in Sofia, Bulgaria, announced the terms of its dividend payment following the resolution passed at the General Meeting of Shareholders on June 29, 2026. The Board of Directors has determined that the initial payment date will be July 28, 2026, with the final payment date set for July 28, 2027. This announcement provides clarity for shareholders on when and how they can expect to receive their dividends.
The dividend will be distributed through the Central Depository AD in accordance with Bulgaria's 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), the dividend will be paid through branches of DSK Bank AD. For those with accounts in Register B (client sub-accounts with an investment intermediary), the dividend will be disbursed through the respective investment intermediary with assistance from the Central Depository.
After the dividend payment term expires, 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 submit an explicit request to Shelly Group SE. Any unclaimed dividends after the five-year period will be credited to the company's Reserve Fund. This process ensures that shareholders have ample time to receive their due payments while allowing the company to manage unclaimed funds effectively.
Shelly Group develops, designs, and distributes IoT and smart building solutions for both DIY and professional users, emphasizing advanced technology, seamless interoperability, and technological flexibility. Its products enable remote control, automation, and energy management of electrical appliances and smart building systems via smartphones, PCs, or third-party home automation systems. Beyond device sales, the company generates revenue from its cloud applications and benefits from an asset-light production model through contract manufacturers.
The company has a strong presence in German-speaking countries and markets its products in over 100 countries, with sales organizations in DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the United Kingdom, Bulgaria, Slovenia, the United States, and China. Shelly Group SE 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.
The dividend payment terms are significant for investors as they outline the timeline and process for receiving returns on their investment. The five-year grace period for claiming unpaid dividends provides a safety net for shareholders, while the eventual reallocation to the reserve fund supports the company's financial stability. For industry observers, this announcement reflects Shelly Group's commitment to shareholder value and its adherence to regulatory standards, which can influence investor confidence in the IoT and smart building sector.
