Ownership test · UK ownership and control
No designated holder found where the chain could be followed; it breaks at 1 point
About Produktaiest OÜ, assessed under EE number 16187331.
First said on 17 Sept 2026, and replaced on 18 Sept 2026. A daily run that reaches the same verdict on the same holdings, listings and breaks confirms it. When anything it rests on changes, a new verdict begins at a new address.
- Before it, from 16 Sept 2026 to 17 Sept 2026: “No designated holder found where the chain could be followed; it breaks at 1 point”
- After it, from 18 Sept 2026 and still current: “No designated holder found where the chain could be followed; it breaks at 1 point”
The words can stay the same across two verdicts: a verdict is replaced when a holding, a listing, a break or the signed rule table changes, even where its words do not.
What it says
No party listed under this regime was found on the part of the chain that could be followed. The chain breaks at 1 point, and past a break nothing is known.
- Designated share
- None found
- Threshold
- more than 50%
- Chain
- Breaks at 1 point
- Nearest designated party
- The company is itself designated.Found across every list on file, not only those this rule counts.
Notes
- Natural-person holders are compared with designated persons by name only. A match is reported and never counted, because the registers publish no identifier that could confirm it.
The chain
Holdings the result passes through
None: no holding carries a designated party's share down to the company.
Holdings read
1 holding was read in the chain, held by a company.
Listed parties in the chain
Produktaiest OÜ (EE 16187331) the company itself
- Not countedLatvia FID frozen assets register
Asset freeze under Latvia, Līdzekļu iesaldēšana — Līdzekļi
Listed as Produktaiest OÜ
Not counted: this regime's ownership rule has not been read here.
UAB "Litproduktai" (LT 305088459) 1 holding up the chain
- Not countedLatvia FID frozen assets register
Asset freeze under Latvia, Līdzekļu iesaldēšana — Līdzekļi
Listed as Litproduktai UAB
Not counted: this regime's ownership rule has not been read here.
Where the chain breaks
The chain could not be followed past 1 point, and past a break nothing is known. An answer about the chain covers only the part before them.
- No shareholder register read for its country: 1
No shareholder register read for its country at UAB "Litproduktai" (LT 305088459)
No register read here states who owns companies registered in LT, so the chain stops at this company.
What it rested on
Lists this rule reads
UK Sanctions List (FCDO)
Read on 14 Sept 2026; dated 11 Sept 2026 by the publisher.
UK OFSI Consolidated List
Read on 13 Sept 2026; no date of its own, newest record dated 3 Jun 2026.
Shareholder registers
Estonia e-Business Register (shareholders)
File read on 14 Sept 2026; last modified 13 Sept 2026, by the publisher's server. The holdings used were read on 14 Sept 2026.
The rule
- Test
- UK ownership and control
- Threshold
- more than 50%
- Several designated owners
- Not added together, unless the shares are held under a joint arrangement between them or one of them controls another.
- A jointly held share
- Each joint holder is treated as holding the whole share.
- Control
- Not assessed. A shareholder register shows shares, not board seats or agreements.
- Signed off
- On 17 Sept 2026, from texts read on 13 Sept 2026.
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Caveats
- Holdings of different designated persons are not added together unless the shares are subject to a joint arrangement between them or one controls the rights of another.
- Control without the threshold stake is part of this test and cannot be read from a shareholder register, so an outcome short of the threshold does not mean the company is not controlled.
- 2 parties in this chain are listed under a regime whose ownership rule has not been verified here, and were not counted: Produktaiest OÜ (Latvia FID frozen assets register); UAB "Litproduktai" (Latvia FID frozen assets register).
Texts the rule rests on
- OFSI, UK financial sanctions general guidance (updated 12 May 2026)
Section 4.1 (more than 50% of shares or voting rights, or control), 4.1.3 (a designated person owns what it owns jointly with another) and 4.1.4 (holdings of different designated persons not simply aggregated)
- The Russia (Sanctions) (EU Exit) Regulations 2019, Schedule 1
Paragraph 2 (each joint holder of a share is treated as holding that share), paragraph 3 (joint arrangements), paragraph 4 (more than 50% of share capital), paragraph 9 (indirect holding through a chain of majority stakes). Each UK regulation this test is applied under was read, and carries the same definition and rules.
This record
- Address
- This page's address does not change, and the verdict at it is never rewritten. The same record as JSON.
- Computed
- 17 Sept 2026
- Identity
e3c1f39ddf89292c49b2f541dde95263f0fb15846f96582ca291ad0adf70601bA hash of what the verdict rests on. Each run compares it to decide whether the verdict still stands.