The Annual General Meeting of Shelly Group SE (Ticker SLYG / ISIN:BG1100003166), a provider of IoT and smart building solutions, 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 it.
All resolutions proposed under the agenda items were adopted by the Annual General Meeting. The members of the Board of Directors were discharged by the shareholders for the past financial year.
Shelly Group SE develops, designs, and distributes IoT and smart building solutions for DIY and professional users, offering advanced technology, seamless interoperability, and a high degree of technological flexibility. Their products enable remote control and automation as well as energy management of electrical appliances and smart building solutions via smartphones, PCs, or third-party home automation systems. In addition to device sales, the company generates revenue from its cloud applications and benefits from asset-light production through contract manufacturers.
The company has a strong presence in German-speaking countries and is represented in more than 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.
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