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Camtek Ltd. — Regulatory Filings 2009
Jun 1, 2009
6712_ffr_2009-06-01_8ba32388-dea7-4544-8c45-baf2d2f22ed8.zip
Regulatory Filings
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6-K 1 zk96833.htm Created by EDGAR Ease Plus (EDGAR Ease+) Project: \Backup\edgar filing\Camtek Ltd\96833\a96833.eep Control Number: 96833 Rev Number: 1 Client Name: Camtek Ltd Project Name: 6-K Firm Name: Zadok-Keinan Ltd 6-K MARKER FORMAT-SHEET="Scotch Rule Top-TNR" FSL="Workstation" MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
FORM 6-K
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
For the Month of May 2009
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
CAMTEK LTD. (Translation of Registrants Name into English)
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
Ramat Gavriel Industrial Zone P.O. Box 544 Migdal Haemek 23150 ISRAEL (Address of Principal Corporate Offices)
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation"
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
Form 20-F x Form 40-F o
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation"
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
Yes o No x
MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation"
SIGNATURE
MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Workstation"
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
MARKER FORMAT-SHEET="Signature (Single)" FSL="Workstation"
CAMTEK LTD. (Registrant) By: /s/ Mira Rosenzweig Mira Rosenzweig, Chief Financial Officer
MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation"
Dated: May 31, 2009
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MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation"
The Companys parent Company, Priortech Ltd. ( Priortech ), which is a publicly traded company on the Tel-Aviv Stock Exchange, is required to implement, as of January 1, 2007, Accounting Standard No. 30 of the Israel Accounting Standard Board (the Standard ).
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation"
Details regarding the Standard and its implementation, as reflected on Priortechs consolidated statements for the years 2007 and 2008, were given in the Companys previous reports concerning the Standard.
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation"
The net amount of capitalized development expenses reflected on Priotechs consolidated statements for the three month period ended March 31, 2009 is NIS 4,283 thousands or US$1,023 thousands.
MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default"
Another item of disclosure on Priortechs reports reflects the fact that on March 31, 2009, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The opened hedging transactions as of March 31, 2009, are displayed in the following table:
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| Amount-$ — 100,000 | Call | 28/04/2009 | 26/01/2009 | 4.19 | (903 | ) | |
|---|---|---|---|---|---|---|---|
| (100,000 | ) | Put | 28/04/2009 | 26/01/2009 | 4.19 | 1 | |
| 400,000 | Call | 28/04/2009 | 12/11/2008 | 4.19 | (15,196 | ) | |
| (400,000 | ) | Put | 28/04/2009 | 12/11/2008 | 4.19 | 1 | |
| 100,000 | Call | 26/05/2009 | 26/01/2009 | 4.19 | (1,343 | ) | |
| (100,000 | ) | Put | 26/05/2009 | 26/01/2009 | 4.19 | 30 | |
| 400,000 | Call | 26/05/2009 | 12/11/2008 | 4.19 | (15,507 | ) | |
| (400,000 | ) | Put | 26/05/2009 | 12/11/2008 | 4.19 | 53 | |
| 100,000 | Call | 26/06/2009 | 26/01/2009 | 4.19 | (1,729 | ) | |
| (100,000 | ) | Put | 26/06/2009 | 26/01/2009 | 4.19 | 111 | |
| 400,000 | Call | 26/06/2009 | 12/11/2008 | 4.19 | (16,696 | ) | |
| (400,000 | ) | Put | 26/06/2009 | 12/11/2008 | 4.19 | 249 | |
| 150,000 | Call | 29/07/2009 | 26/01/2009 | 4.18 | (2,971 | ) | |
| (150,000 | ) | Put | 29/07/2009 | 26/01/2009 | 4.18 | 328 | |
| 300,000 | Call | 29/07/2009 | 24/12/2008 | 4.18 | (13,382 | ) | |
| (300,000 | ) | Put | 29/07/2009 | 24/12/2008 | 4.18 | 414 | |
| 150,000 | Call | 27/08/2009 | 26/01/2009 | 4.18 | (3,286 | ) | |
| (150,000 | ) | Put | 27/08/2009 | 26/01/2009 | 4.18 | 488 | |
| (300,000 | ) | Put | 27/08/2009 | 24/12/2008 | 4.18 | 656 | |
| 300,000 | Call | 27/08/2009 | 24/12/2008 | 4.18 | (12,629 | ) | |
| 150,000 | Call | 25/09/2009 | 26/01/2009 | 4.18 | (3,580 | ) | |
| (150,000 | ) | Put | 25/09/2009 | 26/01/2009 | 4.18 | 658 | |
| (300,000 | ) | Put | 25/09/2009 | 24/12/2008 | 4.18 | 926 | |
| 300,000 | Call | 25/09/2009 | 24/12/2008 | 4.18 | (12,872 | ) | |
| 150,000 | Call | 28/10/2009 | 26/01/2009 | 4.18 | (3,877 | ) | |
| (150,000 | ) | Put | 28/10/2009 | 26/01/2009 | 4.18 | 854 | |
| 300,000 | Call | 28/10/2009 | 24/12/2008 | 4.18 | (13,159 | ) | |
| (300,000 | ) | Put | 28/10/2009 | 24/12/2008 | 4.18 | 1,247 | |
| 150,000 | Call | 26/11/2009 | 26/01/2009 | 4.18 | (4,118 | ) | |
| (150,000 | ) | Put | 26/11/2009 | 26/01/2009 | 4.18 | 1,026 | |
| 300,000 | Call | 26/11/2009 | 24/12/2008 | 4.18 | (13,328 | ) | |
| (300,000 | ) | Put | 26/11/2009 | 24/12/2008 | 4.18 | 1,537 | |
| (150,000 | ) | Put | 29/12/2009 | 26/01/2009 | 4.18 | 1,223 | |
| (300,000 | ) | Put | 29/12/2009 | 24/12/2008 | 4.18 | 1,874 | |
| 300,000 | Call | 29/12/2009 | 24/12/2008 | 4.18 | (13,960 | ) | |
| 150,000 | Call | 29/12/2009 | 26/01/2009 | 4.18 | (4,373 | ) |
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