OneWeb shareholders would receive 230 million newly issued Eutelsat shares, representing 50% of Eutelsat's enlarged share capital 7 The number of new Eutelsat shares to be received by existing OneWeb shareholders would not be affected by the payment of the €0.93 per share dividend with a scrip option for FY 21-22 to be proposed at the upcoming AGM of Eutelsat. Trading under its existing name, OneWeb will continue to operate the LEO business, with OneWeb's headquarters remaining in the UK. Eutelsat will continue to be headquartered and domiciled in France, listed on Euronext Paris and would apply for admission to the standard segment of the UK Official List of the UK Financial Conduct Authority and to trading on the London Stock Exchange (subject to meeting the applicable eligibility requirements and the approval of the UK Financial Conduct Authority).