Executive chairman David Stoller will assume the responsibilities of chief executive in addition to his existing role in the interim period.
Stoller says: "On behalf of the board of Pivot Entertainment I would like to thank Jeremy for all his hard work and contributions to the company and wish him every continued success for his future.
"The board will review the composition of the board and update the market with further developments in due course."
At 2:49pm: [LON:PVT] share price was 0p at 16.25p
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