Company announcement no. 12/2014 Aalborg, Denmark, 2014-04-29 16:06 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: Kirk & Thorsen Invest A/S Cause: Closely related to Peter Thorsen, Deputy Chairman Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 29 April 2014 Market: NASDAQ OMX Copenhagen Number: 750,000 shares Share price: DKK 6,525,000 Contact details: TK Development A/S Frede Clausen, President & CEO Tel. +45 8896 1010