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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Knights Group CEO makes share purchase

(Sharecast News) - Knights Group revealed on Tuesday that chief executive David Beech had acquired 1.18m ordinary shares in the AIM-listed legal and professional services business. Beech, who joined Knights in 2011, purchased the shares at an average price of 83.90p each, for a total value of £995,023.78.

Knights also said on Tuesday that interim revenues were up 18% at roughly £71.0m, while underlying pre-tax profits had risen approximately 18% to £9.0m.

As of 1615 GMT, Knights Group shares were up 0.29% at 81.04p.

Reporting by Iain Gilbert at Sharecast.com

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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