Shelly Group announces terms of dividend payment

EQS-News: Shelly Group AD / Key word(s): Dividend
Shelly Group announces terms of dividend payment

25.06.2024 / 17:15 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Shelly Group announces terms of dividend payment

Sofia / Munich, 25 June 2024 - Shelly Group AD (Ticker SLYG / ISIN:
BG1100003166) ("Shelly Group"), a provider of IoT and smart building
solutions based in Sofia, Bulgaria, today announced that the Board of
Directors, in execution of the resolution of the General Meeting of
Shareholders of 4 June 2024 on dividend distribution, has determined the
following payment terms:

Initial payment date - 3 July 2024

Final date of payment - 3 July 2025

After the expiry of the dividend payment term, within the five-year
limitation period, any shareholder who has not received his/her dividend
will be able to receive it from the Company in cash or by bank transfer
after an explicit request for this, sent to Shelly Group AD. Unreceived and
unclaimed dividends after the expiry of the five-year limitation period
shall be credited to the Company's Reserve Fund.

The dividend payment will be made through the Central Depository AD and in
accordance with the requirements of the Public Offering of Securities Act
and Ordinance 8 dated 12 November 2003 about the Central Depository, issued
by the FSC. For the shareholders whose securities accounts are in Register A
of the Central Depository /personal accounts/ the dividend will be paid
through the branches of DSK Bank AD. For shareholders whose securities
accounts are in Register B of the Central Depository /client sub-account
with an investment intermediary/ the dividend will be paid through the
respective investment intermediary with the assistance of the Central
Depository.

For further information, please visit corporate.shelly.com.

About Shelly Group

Shelly Group AD is a technology holding company that stands for innovation
through the development, manufacture, and distribution of high-quality IoT
products. End users and their needs are always at the heart of development.
Shelly Group was founded in Bulgaria and works with a team of young,
talented developers who are dedicated to producing competitive and
user-friendly products. The Group consists of 6 subsidiary companies and has
offices in Bulgaria, Germany, and Slovenia as well as in China and USA.
Shelly Group's products have already conquered over 100 markets. Shelly
Group AD has been listed on the Bulgarian Stock Exchange since December 2016
and on the Frankfurt Stock Exchange as of November 2021 where its shares are
traded under GSIN A2DGX9, ISIN BG1100003166, Ticker SLYG.

Contact Investor Relations

CROSS ALLIANCE communication GmbH
Sven Pauly
Phone: +49 89 125 09 0331
Mail: sp@crossalliance.de
www.crossalliance.de


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25.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Shelly Group AD
                   103 Cherny Vrah Bldv
                   1407 Sofia
                   Bulgaria
   E-mail:         investors@shelly.com
   Internet:       www.corporate.shelly.com
   ISIN:           BG1100003166
   WKN:            A2DGX9
   Listed:         Regulated Market in Frankfurt (Prime Standard)
   EQS News ID:    1932883

End of News EQS News Service
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1932883 25.06.2024 CET/CEST