Aalborg, Denmark, 2013-01-21 08:28 CET (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, member of the Supervisory Board

Issuer:               TK Development A/S

ISIN code:         DK0010258995

Description:       Shares

Transaction:      Purchase

Trading date:    18 January 2013

Market:              NASDAQ OMX Copenhagen

Number:           125,000 shares

Share price:      DKK 1,503,000

Contact details:

TK Development A/S

Frede Clausen, President & CEO

Tel. +45 8896 1010