Cambria Automobiles CEO Mark Lavery given more time to complete MBO am-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from am-online.com Daily Mail and Mail on Sunday newspapers.
subsidiary of Indirect Education Holdings Limited) Offeror identified: 10:43 01-Apr-2021 Rule 2.6 deadline: N/A Disclosure of dealings and positions in this offeror is not required Notes: 1. Rule 8 of the Takeover Code (the Code ) sets out the circumstances in which Dealing Disclosures and/or Opening Position Disclosures are required to be made by the parties to an offer, persons acting in concert with them, persons with an interest in relevant securities of 1% or more and exempt principal traders ( EPTs ) connected with the parties to an offer. 2. Where an offeror is marked Disclosure of dealings and positions in this offeror is not required , dealings and positions in relevant securities of that offeror are not required to be disclosed under Rule 8. This is either because it has been announced that the offer or possible offer is, or is likely to be, solely
subsidiary of Indirect Education Holdings Limited) Offeror identified: 10:43 01-Apr-2021 Rule 2.6 deadline: N/A Disclosure of dealings and positions in this offeror is not required Notes: 1. Rule 8 of the Takeover Code (the Code ) sets out the circumstances in which Dealing Disclosures and/or Opening Position Disclosures are required to be made by the parties to an offer, persons acting in concert with them, persons with an interest in relevant securities of 1% or more and exempt principal traders ( EPTs ) connected with the parties to an offer. 2. Where an offeror is marked Disclosure of dealings and positions in this offeror is not required , dealings and positions in relevant securities of that offeror are not required to be disclosed under Rule 8. This is either because it has been announced that the offer or possible offer is, or is likely to be, solely
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Cambria Automobiles has set out its roadmap to car retail recovery in a trading update for a six-month period which saw the majority of its dealerships closed for more than 100 days due to COVID-19 restrictions.
The AM100 PLC - currently awaiting a potential management buy-out (MBO) offer - reported revenues down by 16% to £254.7m (H1 2020: £303.1m) as underlying profit before tax rose 55.5% at £9.8m (H1 2020: £6.3m) during its half-year to February 28.
And with an underlying net profit margin of 3.83% (H1 2020: 2.07%) a period-end balance sheet with net assets of £79.5m (H1 2020: £68.5m) and net debt reduced to £5.6m (H1 2020: £6.0m) its leadership laid-out a strategy that would ultimately end with further growth through acquisition.
subsidiary of Indirect Education Holdings Limited) Offeror identified: 10:43 01-Apr-2021 Rule 2.6 deadline: N/A Disclosure of dealings and positions in this offeror is not required Notes: 1. Rule 8 of the Takeover Code (the Code ) sets out the circumstances in which Dealing Disclosures and/or Opening Position Disclosures are required to be made by the parties to an offer, persons acting in concert with them, persons with an interest in relevant securities of 1% or more and exempt principal traders ( EPTs ) connected with the parties to an offer. 2. Where an offeror is marked Disclosure of dealings and positions in this offeror is not required , dealings and positions in relevant securities of that offeror are not required to be disclosed under Rule 8. This is either because it has been announced that the offer or possible offer is, or is likely to be, solely