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Camtek Ltd. — Capital/Financing Update 2006
May 10, 2006
6712_rns_2006-05-10_c71247f1-0435-4b96-a809-b61a5f1edbcf.pdf
Capital/Financing Update
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Camtek
INTELLIGENT IMAGING
Camtek Ltd.
P.O.Box 544, Ramat Gabriel Industrial Park
Migdal Ha'Emek 23150, ISRAEL
Tel: +972 (4) 604-8100 Fax: +972 (4) 644-0523
E-Mail: [email protected] Web site: http://www.camtek.co.il
May 8, 2006
Camtek Closes its $15 Million Private Placement
First Quarter 2006 Results Conference Call to be held on May 16th, 11:30am EDT
MIGDAL HA'EMEK, Israel, May 4, 2006- Camtek Ltd. (Nasdaq: CAMT, TASE: CAMT) announced that following the approval of registration for trading of the shares by the Tel Aviv Stock Exchange, it closed its previously announced private placement transaction to Israeli institutional investors. The company sold 2,525,252 ordinary shares at a price of $5.94 per share for aggregate gross proceeds of approximately $15 million, together with warrants to purchase 1,262,626 shares of common stock were issued to the investors. The warrants have an exercise price of $6.83 per share.
Leader Capital Markets Ltd. and Tamir Fishman & Co. / RBC Capital Markets Corporation acted as co-lead placement agents for the transaction.
Camtek also announced that it would be releasing its financial results for the first quarter of 2006 before the market opens on Tuesday, May 16th 2006, and holding an investor conference call starting 11:30 a.m. EDT, later that same day.
Ronit Dulberg, Chief Financial Officer, and Yuval Attias, Controller, will host the call and will be available to answer questions after presenting the results. To participate, please call one of the following telephone numbers at least 5 minutes before the start of the call.
| US: | 1 866 860 9642 | at 11:30 a.m. EDT |
|---|---|---|
| UK: | 0 800 917 4613 | at 4:30 p.m. GMT |
| Israel: | 03 918 0609 | at 6:30 p.m. Israel time |
| International: | +972 3 918 0610 |
For those unable to participate, the teleconference will be available for replay for 14 days on Camtek's website at http://www.camtek.co.il/ beginning 24 hours after the call.
ABOUT CAMTEK LTD.
With headquarters in Migdal Ha'Emek Israel, Camtek Ltd., designs, develops, manufactures, and markets automatic optical inspection systems and related products. Camtek's automatic inspection systems are used to enhance both production processes and yield for manufacturers in the printed circuit board industry, the high density interconnect substrate industry and the semiconductor manufacturing and packaging industry. This press release is available at www.camtek.co.il.
This press release may contain projections or other forward-looking statements regarding future events or the future performance of the Company. These statements are only predictions and may change as time passes. We do not assume any obligation to update that information. Actual events or results may differ materially from those projected, including as a result of changing industry and market trends, reduced demand for our products, the timely development of our new products and their adoption by the market, increased competition in the industry, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.
CONTACT INFORMATION
CAMTEK: Ronit Dulberg, CFO Tel: +972-4-604-8308 Fax: +972-4-604 8300 Mobile: +972-54-905-0776 [email protected]
IR/PR ISRAEL Financial Communication Noam Yellin Tel: +972 3 6954333 Fax: +972 544 246720
IR INTERNATIONAL Ehud Helft / Kenny Green GK International Investor Relations Tel: (US) 1 866 704 6710 [email protected] [email protected]