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Despite the Cambridge website being quite vague:
I *think* this is just a different way of grouping iGCSEs, rather than giving them separate certs for each one. If so, then we're cool, but I *double think* I'd be trying to do a little more research to check!
Here's the answer I got from Cambridge University Press. Based on the information below and the apprentice's grades, I would say it counts as an exemption.

Melanie Aspinall
Potential English Exemption
Created
Hi,
I have a potential apprentice that would like to do a L7 standard with us and has presented us with this cert (redacted for the purposes of the post). What are people's thoughts? Do you think this would class as an exemption? Any advice appreciated.
Thanks