TC BioPharm (Holdings) PLC ("TC BioPharm" or the "Company") (NASDAQ: TCBP) a clinical-stage biotechnology company developing platform allogeneic gamma-delta T cell therapies for cancer and other indications, announced that shareholders have formally approved the recently announced 25% stock dividend.

Today, TC BioPharm declared that last week's proposed special stock dividend was formally approved at today's General Meeting of the Company. The special dividend of 0.25 American Depositary Shares ("ADSs") for every 1 ADS held by shareholders on the record date of January 2, 2025 are expected to be delivered to shareholders on or about January 6th.

TC BioPharm CEO, Bryan Kobel stated: "Rewarding additional shares to shareholders in the form of this special dividend is an important and effective component of our capital management strategy. It also reflects management's strong confidence in the Company's financial future. I anticipate 2025 to be a period of growth and development for our Company as we remain focused on delivering improved value for our shareholders."

Per Nasdaq requirements, trading in the Company's ADSs will temporarily stop at 5:00 pm on January 2, 2025, and recommence on or around January 7, 2025, to allow the Depositary to process the stock dividend. Nasdaq will adjust the opening price on January 7 to reflect the dilution impact of the stock dividend.

This press release is for informational purposes only. It shall not constitute an offer to sell or exchange nor the solicitation of an offer to buy shares of the Company's common stock or any other securities.  For additional information regarding TC BioPharm's General Meeting see our website and filings to be made on form 6K.