Yep this sham of a maneouvre sets a bad precedent for the rest of havelock.
What is the point of 'physical' shares in denominated in some local currency other than to create smoke and mirrors ? With the added bonus of more disincentives e.g. registering and more red-tape as well as new terms and conditions. All in all it is a red herring, because 'and its gone'.
So much for intents, they are a dime a dozen; what about BTC dividends ?