Company announcement no. 6/2016 Aalborg, Denmark, 2016-05-04 17:53 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 of the Board of Directors Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 2,377,333 shares Share price: DKK 14,872,595 Name: Strategic Capital ApS Cause: Closely related to Kim Mikkelsen, member of the Board of Directors Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 600,000 shares Share price: DKK 3,750,000 Name: Strategic Investments A/S Cause: Closely related to Kim Mikkelsen, member of the Board of Directors Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 1,269,800 shares Share price: DKK 7,943,869 Name: Aconcagua Management Ltd. 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: 4 May 2016 Market: Nasdaq Copenhagen Number: 1,269,800 shares Share price: DKK 7,943,869 Name: Niels Roth Cause: Chairman of the Board of Directors Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 832,067 shares Share price: DKK 5,205,411 Name: Arne Gerlyng-Hansen Cause: Member of the Board of Directors Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 150,000 shares Share price: DKK 938,400 Name: Henrik Heideby Cause: Member of the Board of Directors Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 150,000 shares Share price: DKK 938,400 Name: Frede Clausen Cause: President and CEO Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 150,000 shares Share price: DKK 938,400 Name: Robert Andersen Cause: Executive Vice President Issuer: TK Development A/S ISIN code: DK0010258995 Description: Shares Transaction: Purchase Trading date: 4 May 2016 Market: Nasdaq Copenhagen Number: 150,000 shares Share price: DKK 938,400 Contact details: TK Development A/S Frede Clausen, President & CEO Tel. +45 8896 1010