RA - and EVR Suspension.. Here's the text.10 Mar 2022 11:13
(UK Sanctions List Ref):RUS0270 (UK Statement
of Reasons):Roman Arkadyevich ABRAMOVICH (hereafter ABRAMOVICH) is a prominent Russian businessman and pro-Kremlin
oligarch. ABRAMOVICH is associated with a person who is or has been involved in destabilising Ukraine and undermining and threatening
the territorial integrity, sovereignty and independence of Ukraine, namely Vladimir Putin, with whomABRAMOVICH has had a close
relationship for decades. This association has included obtaining a financial benefit or other material benefit fromPutin and the Government
of Russia. This includes tax breaks received by companies linked to ABRAMOVICH, buying and selling shares fromand to the state at
favourable rates, and the contracts received in the run up to the FIFA 2018 World Cup. Therefore, ABRAMOVICH has received
preferential treatment and concessions fromPutin and the Government of Russia. ABRAMOVICH is also associated with a person who is
or has been involved in obtaining a benefit fromor supporting the Government of Russia, namely: former First Deputy Prime Minister, and
current Chairman of the Management Board for VEB, Igor Shuvalov; former General Director of GazpromInvestment Holdings, Alisher
Usmanov, both of whomwere sanctioned on 3 March 2022 for being involved persons in obtaining a benefit fromor supporting the Russian
government through carrying on business in a sector of strategic significance to the Russian government. ABRAMOVICH is associated with
these individuals through close business relationships and mutual assistance, including ABRAMOVICH financing Shuvalov's trust and the
subsequent loans fromShuvalov to enable Usmanov's purchase of a British mill. Furthermore, ABRAMOVICH is or has been involved in
destabilising Ukraine and undermining and threatening the territorial integrity, sovereignty and independence of Ukraine, via Evraz PLC, a
steel manufacturing and mining company in which ABRAMOVICH has a significant shareholding and over which ABRAMOVICH
exercises effective control. Evraz PLC is or has been involved in providing financial services, or making available funds, economic
resources, goods or technology that could contribute to destabilising Ukraine or undermining or threatening the territorial integrity,
sovereignty or independence of Ukraine – which includes potentially supplying steel to the Russian military which may have been used in the
production of tanks. ABRAMOVICH exercises effective control of Evraz PLC given his significant shareholding and the shareholdings of
his close associates who it is reasonable to expect ABRAMOVICH could direct through his close ties with Abramov and Shvidler, as well
as his power to nominate directors of the board. ABRAMOVICH is or has been involved in obtaining a benefit fromor supporting the
Government of Russia, as ABRAMOVICH and Evraz PLC carry on business in sectors of strategic significance to the Government of
Russia – namely the construction, defence and extract