News: RKN Reckon proposes to de-merge Document Management segment

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    March 17 (Reuters) - Reckon Ltd (RKN) :

    • Proposed to de-merge Reckon's Document Management segment (representing approximately 15% of 2016 group turnover) under an independent company
    • Proposed every Reckon shareholder will receive pro rata Document Management Newco shares for Reckon shares held by way of a dividend in specie
    • Document Management Newco will trade on AIM market of London Stock Exchange
 
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