Company announcement no. 11/2014 Aalborg, Denmark, 2014-04-29 08:29 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: Storm Real Estate ASA Cause: Closely related to Morten E. Astrup, member of the Board of Directors Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 28 April 2014 Market: NASDAQ OMX Copenhagen Number: 57,271 shares Share price: DKK 497,588 Contact details: Frede Clausen, President & CEO Tel. +45 8896 1010