- Market capitalisation of approximately NOK 1.8 billion
- The 47th listing on Euronext in 2025
Euronext congratulates Smartoptics Group ASA (ticker: SMOP) on its transfer from Euronext Growth Oslo to Euronext Oslo Børs. The company listed on Euronext Growth Oslo in 2021. This marks the 47th listing on Euronext markets and the tenth on Euronext Oslo Børs’ markets in 2025.
Smartoptics is a Scandinavian company, founded in 2006, that provides innovative solutions for sending data over fibre networks. Its technology helps thousands of enterprises, governments, cloud providers and telecom operators move information quickly and securely, while avoiding vendor lock-in and keeping costs down. Smartoptics’ products are used in metro and regional networks that rely on data centre services. The company works with over 100 business partners worldwide and is headquartered in Oslo, Norway.
At the market opening today, the price was NOK 18.50 per share based on the closing price on Euronext Growth Oslo on 27 August 2025. This gave the company a market value of NOK 1.81 billion this morning.
Thomas Ramm, Chairman of the Board of Smartoptics, said: “Uplisting to the main market at Euronext Oslo Børs represents a strong validation of Smartoptics’ growth story and investment case. Since our listing on Euronext Growth Oslo in 2021, we have combined profitable growth with disciplined capital allocation, delivering three dividend distributions totalling NOK 1.60 per share. The main market will provide increased visibility, deeper liquidity, and access to a broader international investor base – all of which will further support long-term value creation for our shareholders. This uplisting is both a recognition of our achievements and a launchpad for the future.
Caption: Magnus Grenfeldt, CEO of Smartoptics Group rang the bell this morning to celebrate the uplisting of Smartoptics to Euronext Oslo Børs. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs. (Photo: Thomas Brun | NTB).
About Smartoptics Group ASA
Smartoptics provides innovative optical networking solutions and devices for the new era of open networking. Our customer base includes thousands of enterprises, governments, cloud providers, Internet exchanges as well as cable and telecom operators. We have an open networking approach in everything we do which allows our customers to break unwanted vendor lock-in, remain flexible and minimise costs. Our solutions are used in metro and regional network applications that increasingly rely on data centre services and specifications. Smartoptics is a Scandinavian company founded in 2006. We partner with leading technology and network solution providers such as Brocade, Cisco and Dell and have a global reach through more than 100 business partners. For additional information about Smartoptics, please visit smartoptics.com.