SOFIA, BULGARIA and MUNICH, GERMANY - The Annual General Meeting of Shelly Group SE (Ticker SLYG / ISIN:BG1100003166) approved the proposal of the Board of Directors to distribute a gross dividend of EUR 0.13 per share, totaling approximately EUR 2.36 million. The dividend will be paid in euro within 60 days following the meeting, with shareholders entered in the register on the 14th day after the meeting entitled to receive the payment.
All resolutions proposed under the agenda items were adopted, including the discharge of the members of the Board of Directors for the past financial year. This unanimous approval signals strong shareholder support for the company's strategic direction and governance practices.
Shelly Group, a provider of IoT and smart building solutions based in Sofia, Bulgaria, has a broad international presence with sales organizations in DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the United Kingdom, Bulgaria, Slovenia, the United States, and China. The company benefits from asset-light production through contract manufacturers and generates revenue from device sales and cloud applications.
The dividend approval is significant as it reflects the company's commitment to returning value to shareholders while maintaining its growth trajectory. With a strong presence in German-speaking countries and products represented in more than 100 countries, Shelly Group continues to expand its footprint in the smart building and IoT market.
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