Said Gutseriev, who was hit by UK blocking sanctions on June 29, 2022, intends to sell his stake in Public Joint Stock Company "SFI" (MISX:SFIN) (PJSC SFI)and leave the boards of the company and its subsidiaries, SFI reported on June 29, 2022. In their rationale for imposing sanctions against Gutseriev, the UK authorities said that he controls SFI, a company that operates in the financial sector, which is strategically important for the Russian government. SFI said that, as a separate legal entity, it is not included in any sanctions list and is continuing full-scale operations.