Cambria Bidco Limited to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 Summary The Independent Committee of directors of Cambria Automobiles plc ( Independent Committee and Cambria respectively) and the sole director of Cambria Bidco Limited ( Bidco ) being a company ultimately owned and controlled by Mark Lavery, are pleased to announce that they have reached agreement on the terms of a recommended cash offer ( Cash Offer ) to be made by Bidco for the entire issued and to be issued share capital of Cambria other than those Cambria Shares owned or controlled by Bidco ( Offer ).