Public offering of shares from the capital increase of
Shelly Group PLC, ISIN BG1100003166,
Addressed to – employees of Shelly Group PLC and its subsidiaries
in accordance with the requirements of Article 1(4)(i) and Article 1(5)(h) of Regulation (EU) 2017/1129
| Type of the offered securities: | Ordinary, dematerialized, registered, freely transferable shares |
| Number of offered securities: | Up to 50,981 |
| Nominal value per unit: | BGN 1.00 (one) per share |
| Total nominal value: | Up to BGN 50 981 |
| Issue price: | BGN 1.00 per share |
| Total issue price: | From BGN 1,00 (minimum subscription)Up to BGN 50,981 (maximum subscription) |
| ISIN of the issue: | BG1100003166 |
| Investment intermediary of the issue | Karoll AD |
The current public offering of shares of the capital increase of Shelly Group PLC is based on resolution of the General Meeting of the Shareholders of 19.06.2023.
The Offering is addressed to a specified group of investors – Employees – persons employed under an employment or management contract with Shelly Group PLC and/or any of its subsidiary companies registered in the territory of the Republic of Bulgaria, except to the members of the Board of Directors of the Company, as of 31 December 2022, who continue to hold such capacity as of the start date for subscription of shares from the capital increase. In the event that, on the said date, this circumstance has ceased for any of the eligible persons due to the termination of the relevant legal relationship between him and Shelly Group PLC and/or its subsidiary, regardless of the reason, such person shall not be entitled to participate in the capital increase.
The persons entitled to subscribe for shares from this capital increase, as well as the maximum number of shares that each of them is entitled to subscribe for, shall be determined by the Board of Directors of Shelly Group PLC by means of a special list, pursuant to an express delegation by the General Meeting of Shareholders of 19 June 2023.
