(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