Agat Ejendomme

AGM Information • Apr 28, 2015

Company announcement no. 8/2015

Aalborg, Denmark, 2015-04-28 16:29 CEST (GLOBE NEWSWIRE) --

Today the Annual General Meeting of TK Development A/S was held.

Items 1 - 3 on the agenda were considered and adopted in accordance with the
submissions. No divi­dend will be distributed for the 2014/15 financial year.

The Board of Directors’ proposal for authorization to acquire treasury shares
for an amount corresponding to up to 10 % of the share capital at the
officially listed price at the date of acquisition +/- 10 % and for a period of
five years, was adopted, see item 4.1.1 of the agenda.

The Board of Directors’ proposal for authorization to increase the share
capital through one or more issues by an amount of up to DKK 9,815,333.00, to
apply during the period ending on 28 April 2020, was adopted, see item 4.1.2 of
the agenda.

In accordance with item 5 of the agenda, the proposal for the Board of
Directors to remain composed of six members was adopted. Niels Roth, Peter
Thorsen, Arne Gerlyng-Hansen, Morten E. Astrup and Kim Mikkelsen were
re-elected. Per Søndergaard Pedersen did not stand for re-election. Henrik
Heideby was elected as a new member of the Board of Directors.

The Board of Directors’ proposal that one auditor be elected was adopted.
Deloitte, Statsautoriseret Revi­sionspartnerselskab, was elected as the
Company’s auditor; see item 6 of the agenda.

After the General Meeting, a meeting was held for the purpose of electing
officers, with Niels Roth being re-elected as the Chairman, and Peter Thorsen
being re-elected as the Deputy Chairman of the Board of Directors.

TK Development A/S

Niels Roth

Chairman of the Board of Directors

Contact information:

TK Development A/S

Frede Clausen, President and CEO

Tel. +45 8896 1010