TK Development A/S : Correction to company announcement no. 10

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kirk & Thorsen Invest A/S

2.

Reason for the notification

a)

Position/status

Closely related to Peter Thorsen, chairman of the Board of Di-rectors of TK Development A/S

b)

Initial notification/Amend-ment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TK Development A/S

b)

LEI

213800A9E3DB29NTMU72

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instru-ment

Identification code

haresDK0010258995

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

DKK 6,884

271,295 shares

d)

Aggregated information Aggregated volume Price

271,295 shares DKK 1,867,595

e)

Date of the transaction

2017-12-12

f)

Place of the transaction

Nasdaq Copenhagen (XCSE)