Ask yourself this: If it was always the intention for DK to widen share ownership to the fanbase at large why did he not do this when he was chairman (and thus bringing in much needed tax-free revenue to the club in our biggest hour of need) and why did he not try to amend the rules that he set...
The facts are incontrovertible. The club have acted to the letter of the law, the rules of which were set up by DK himself. There's absolutely nothing underhand about it. If you know different, then I suggest you take it up with the Club Secretary.