PVT Pivot Entertain

TIDMPVT

RNS Number : 3413I

Pivot Enterainment Group PLC

14 June 2011

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

This information is provided by RNS

The company news service from the London Stock Exchange

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