14 Jun 2011 07:00
14 June 2011
PIVOT ENTERTAINMENT GROUP PLC
("Pivot Entertainment" or "the Company" or "the Group")
Pivot Entertainment completes sale of First Artist Sport Limited
Pivot Entertainment Plc (AIM: PVT), a transatlantic media and entertainment company is pleased to announce the completion of sale of First Artist Sport Limited ("First Artist Sport" or "FAS"), the football player representation agency.
Pivot Entertainment announced the sale of First Artist Sport to Jon and Phil Smith on 19 May 2011.
Commenting on today's announcement, Jeremy Barbera, Chief Executive of Pivot Entertainment says: "We are pleased to finalise the sale of First Artist Sport Limited. This now enables us to continue the development of Dewynters and Spotco, whilst reengineering the Group into a highly-focused transatlantic media and entertainment company. We look forward to updating shareholders at the Company's forthcoming AGM."
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Enquiries:
Pivot Entertainment Plc
Jeremy Barbera/David Stoller/ Shirley Stapleton Tel: +44 20 79930000
Seymour Pierce Limited
Stewart Dickson /Tom Sheldon (Corporate Finance) Tel: +44 20 71078000
Katie Ratner (Corporate Broking)
Bishopsgate Communications Limited
Deepali Schneider/Natalie Quinn Tel: +44 20 75623350
pivotentertainment@bishopsgatecommunications.com