Anglo American has already made administrative changes, with majority shares in Amplats shifting ownership from Anglo American South Africa to Anglo American International. Anglo American says it has "made significant progress towards its demerger" of Amplats. It will now "seek shareholder approval for the demerger" at its annual general meeting (AGM) on April 30, subject to governance and regulatory approvals. "We are on a clear timeline towards demerging Anglo American Platinum. Anglo American intends to retain a 19.9% shareholding in Anglo American Platinum in order to further help manage flowback by reducing the absolute size of the shareholding that will be demerged," said Duncan Wanblad, CEO of Anglo American.