The Annual General Meeting of Shelly Group SE (Ticker SLYG / ISIN:BG1100003166), a provider of IoT and smart building solutions, approved the Board of Directors' proposal 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 on the register 14 days after the meeting eligible to receive it.
All resolutions proposed under the agenda items were adopted, including the discharge of Board members for the past financial year. This approval underscores shareholder support for the company's strategic direction and financial performance.
Shelly Group develops, designs, and distributes IoT and smart building solutions for both DIY and professional users, emphasizing advanced technology, interoperability, and flexibility. Their products enable remote control, automation, and energy management of electrical appliances via smartphones, PCs, or third-party systems. Revenue also comes from cloud applications, and the company benefits from asset-light production through contract manufacturers.
With a strong presence in German-speaking countries and representation in over 100 nations, Shelly Group has sales organizations across DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the UK, Bulgaria, Slovenia, the US, and China. The company is listed on the Bulgarian Stock Exchange and the regulated market (Prime Standard) of the Frankfurt Stock Exchange (XETRA: SLYG), and is included in the SDAX.
Investor relations are managed by CROSS ALLIANCE communication GmbH, with Sven Pauly reachable at +49 89 125 09 0331 or sp@crossalliance.de. The original release is available on NewMediaWire.
