Executive Summary
Timeweave plc is a holding company listed on the UK Alternative Investment Market ‘AIM’. Previously known as Alphameric plc the Company changed its name in June 2010 following the sale of its principal trading business.
Today Timeweave plc’s principal assets are a 50% holding in Amalgamated Racing Limited ‘AMRAC’ and significant cash balances. AMRAC is a joint venture with Racecourse Media Services Limited (which is in turn owned by a number of the UK's foremost racecourses and Racecourse Investments Limited), which holds exclusive licences with 31 racecourses to broadcast pictures, audio and data from these courses to licensed betting offices within the UK and the Republic of Ireland on its television channel, TurfTV.
Their website is http://www.timeweave.com and not the one listed below.