Company announcement no. 11/2013

Aalborg, Denmark, 2013-05-01 08:32 CEST (GLOBE NEWSWIRE) -- 

In accordance with The Danish Securities Trading Act, Section 28a, TK
Development shall give the following information about leading employees’ and
their closely related parties’ transactions with TK Development A/S shares and
related securities: 



Name:               Niels Roth

Cause:              Chairman of the Supervisory Board

Issuer:              TK Development A/S

ISIN code:         DK0010258995

Description:      Shares

Transaction:     Purchase

Trading date:   30 April 2013

Market:             NASDAQ OMX Copenhagen

Number:           400,000 shares

Share price:     DKK 3,603,600



Name:              Kirk & Thorsen Invest A/S

Cause:             Closely related to Peter Thorsen, member of the Supervisory
Board 

Issuer:              TK Development A/S

ISIN code:        DK0010258995

Description:      Shares

Transaction:     Purchase

Trading date:   30 April 2013

Market:            NASDAQ OMX Copenhagen

Number:          1,000,000 shares

Share price:     DKK 9,010,000



Contact details:

TK Development A/S

Frede Clausen, President & CEO

Tel. +45 8896 1010