Several other companies listed on Nasdaq Europe had already decided earlier to be listed on Euronext Brussels in order to offer their investors a more transparent and a more liquid trading platform: Ubizen (28/9/2000), Global Graphics (17/4/2001), Melexis (17/5/2002), Innogenetics (11/12/2002) and Icos Vision (4/6/2003). Option NV is the first company to make the move since the decision to discontinue Nasdaq Europe's activities was announced on 26 June 2003.
Option NV was founded in 1986 and is active in wireless communications. The company specialises in the design, development and manufacture of GSM, GPRS, WLAN and wireless connectivity solutions. Option's headquarters are in Leuven, Belgium. The company has Research and development in Leuven, a Software and Applications development centre in Adelsried (Germany) and an ISO 9002 production engineering and logistics facility in Cork, Ireland.
At the end of the first trading day, the price rose by 48.88% to close at EUR 6.00, bringing the market capitalisation of Option NV at EUR 49.3 million.
The company Option NV is classified under:
The economic group 90:
The economic Sector 93:
The economic Sub-sector 938:
Option NV is traded on the NSC platform under the following codes:
Stock Code: OPTI
ISIN Code: BE0164937378
SVM Code: 164937.37.
Banque Degroof will act as liquidity provider for Option as of 6 August.
