Camtek Ltd. — Regulatory Filings 2016

Aug 29, 2016

6-K 1 zk1618948.htm 6-K Licensed to: ZKG Document created using EDGARfilings PROfile 4.1.0.0 Copyright 1995 - 2016 Summit Financial Printing, LLC. All rights reserved.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934

For the Month of August 2016

CAMTEK LTD. (Translation of Registrant’s Name into English)

Ramat Gavriel Industrial Zone P.O. Box 544 Migdal Haemek 23150 ISRAEL (Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F ☐

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.

Yes o No ☒

SIGNATURE

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.

CAMTEK LTD. (Registrant) By: /s/ Moshe Eisenberg —————————————— Moshe Eisenberg, Chief Financial Officer

Dated: August 29, 2016

The Company’s 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 ”).

Details regarding the Standard and its implementation, as reflected on Priortech’s consolidated statements for the prior periods since 2007, were given in the Company’s previous reports concerning the Standard.

The net amount of capitalized development expenses reflected on Priortech’s consolidated statements for the three months ended June 30, 2016 is US$(1,007) thousands.

Another item of disclosure on Priortech’s reports reflects the fact that on June 30, 2016, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of June 30, 2016, are displayed in the following table:

Amt.	Deal Type	Trade Date	Expiry Date	Spot	Bank Evaluation US$
250,000	Put	19/05/2016	01/07/2016	3.8750	3,196.92
250,000	Call	19/05/2016	01/07/2016	3.8750	- 3,214.52
250,000	Put	20/05/2016	01/07/2016	3.8800	3,196.92
250,000	Call	20/05/2016	01/07/2016	3.8800	- 2,880.14
250,000	Put	19/05/2016	01/08/2016	3.8750	6,802.37
250,000	Call	19/05/2016	01/08/2016	3.8750	- 6,871.42
250,000	Put	20/05/2016	01/08/2016	3.8800	6,195.71
250,000	Call	20/05/2016	01/08/2016	3.8800	- 6,083.16
250,000	Put	20/05/2016	01/09/2016	3.8800	9,503.44
250,000	Call	20/05/2016	01/09/2016	3.8800	- 8,205.95