The legal decision this year was a landmark victory for climate activists, while Monday's announcement comes after activist investor Third Point demanded Shell be broken up, bolster low-carbon investment and return more cash to shareholders. Friends of the Earth Netherlands, which helped bring the case, agreed that a Shell move would have "no effect" on the case and could even lead to other legal action in Britain. – 'Driven to go' – Shell chair Andrew Mackenzie later blamed Shell's move on a 2018 decision by Dutch Prime Minister Mark Rutte to abandon plans to scrap a tax on big companies' dividends. "The reality of looking for the simplification was that the imposition of a withholding tax on dividends here in the Netherlands meant that we were driven to go to the UK," Mackenzie told an investors conference call. Shell said it did not expect any major financial effect from relocating, except for a departure tax that could be as high as 400 million euros.