His list of reasons has been building up for years.
Russia in 2012 passed a law allowing censorship of 'pirate websites' and has been heavily abused. Vk has been making licensing deals with Sony and other labels. Pavel is a Libertarian and is against making the website 'corporate' (like facebook, motivated by money not freedom).
Both the Ukraine, arguments with shareholders and copyright pressure are recent. Putting them together he probably saw a restricted future with VK and now he has Telegram to fallback on, he now sees it an opportunity to quit.
However, Telegram has stated it will never charge or have ads, so my theory is he will be making more websites in the future, hopefully he will make websites which embrace his Libertarian ideals.