SOURCE: Covata

Covata

March 22, 2016 14:31 ET

Covata Added to All Ordinaries Index on March 18, 2016

WASHINGTON, DC--(Marketwired - March 22, 2016) - Covata Limited (ASX: CVT), a global leader in data-centric security solutions for enterprises, was added to the All Ordinaries Index effective after the close of trading on March 18, 2016, when S&P Dow Jones Indices reconstituted its S&P/ASX Indices, including the All Ordinaries Index during its March 2016 quarterly rebalance. 

The All Ordinaries Index (XAO) represents the 500 largest companies by market capitalization in the Australian equities market and is considered the total market indicator for the Australian equity market. Index constituents are drawn from eligible companies listed on the Australian Securities Exchange. The All Ordinaries Index is rebalanced once a year, on the third Friday of March.

Trent Telford, CEO of Covata, commented, "We are pleased to have been added to the All Ordinaries Index as it recognizes the continued growth Covata has achieved in 2016 with our file-sharing platform, Safe Share, and upcoming deployment of our 'Key-as-a-Service' (KaaS) offering with tech giant Cisco. We believe our inclusion has the potential to raise visibility and awareness with institutional investors, while serving to further broaden our shareholder base."

The S&P/ASX Australian Indices are closely aligned with the S&P Dow Jones Indices global suite of indices, and are recognized internationally as Australia's principal investable equity indices. S&P Dow Jones Indices global indices are liquid, tradable, and easily replicable, allowing extensive use by institutional investment managers, mutual fund managers, and professional advisors. With over A$200 billion managed and benchmarked to the S&P/ASX 200, the index is regarded as Australia's equity benchmark.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.us.spindices.com.

About Covata

Covata Limited (ASX: CVT) enables true ownership and control over your data in the cloud and over mobile services. We deliver data-centric security solutions without compromising simple usability, providing true end-to-end security. Your data is always protected wherever it may travel -- inside your network, beyond the domain, to mobile devices and to the cloud -- with granular access controls that extend to external users, view-only restrictions, real-time revocation and complete visibility and auditability. Own Your Data, control your data and choose where it is stored - with complete assurance that it is protected and secure. For further information, please visit Covata.com.

©2016 Covata Limited or its affiliates

Contact Information

  • Media and Investor Relations:

    Nikki Parker
    Covata
    Vice President Corporate Communications, Growth & IR
    +1 (571) 353-4273
    nichola.parker@covata.com

    Chris Tyson
    MZ Group
    Managing Director - MZ North America
    +1 (949) 491-8235
    chris.tyson@mzgroup.us