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Camtek Ltd. Regulatory Filings 2015

Jun 1, 2015

6712_rns_2015-06-01_7522826b-69a2-4cbc-8169-f2c328b279f6.pdf

Regulatory Filings

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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 June 2015

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 40F.

Form 20-F  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  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: June 1, 2015

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 threemonth period ended March 31, 2015 is US$(947) thousands.

Another item of disclosure on Priortech’s reports reflects the fact that on March 31, 2015, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of March 31, 2015, are displayed in the following table:

BankEvaluationUS$
DealType TradeDate ExpiryDate
Amt. Spot
150,000 Call 27/10/2014 27/04/2015 3.72 11.56
150,000 Put 27/10/2014 27/04/2015 3.836 -5,585.18
100,000 Call 07/11/2014 27/04/2015 3.72 7.79
100,000 Put 07/11/2014 27/04/2015 3.9 -2,343.72
250,000 Put 23/10/2014 26/05/2015 3.82 -10,661.06
250,000 Call 23/10/2014 26/05/2015 3.7 72.36
150,000 Call 23/10/2014 26/05/2015 3.7 120.60
150,000 Put 23/10/2014 26/05/2015 3.821 -6,363.82
150,000 Call 23/10/2014 25/06/2015 3.7 184.67
150,000 Put 23/10/2014 25/06/2015 3.82 -6,607.04
250,000 Put 23/10/2014 26/06/2015 3.82 -11,023.12
250,000 Call 23/10/2014 26/06/2015 3.7 314.32
150,000 Call 27/10/2014 28/07/2015 3.72 371.11
150,000 Put 27/10/2014 28/07/2015 3.836 -6,369.60
100,000 Call 05/11/2014 28/07/2015 3.72 247.49
100,000 Put 05/11/2014 28/07/2015 3.838 -4,208.79
150,000 Call 27/10/2014 27/08/2015 3.72 514.07
150,000 Put 27/10/2014 27/08/2015 3.832 -6,679.15
BankEvaluationUS$
DealType TradeDate ExpiryDate
Amt. Spot
100,000 Call 05/11/2014 27/08/2015 3.72 342.71
100,000 Put 05/11/2014 27/08/2015 3.832 -4,452.76
150,000 Call 27/10/2014 25/09/2015 3.72 660.05
150,000 Put 27/10/2014 25/09/2015 3.82 -7,180.65
100,000 Call 05/11/2014 25/09/2015 3.72 439.95
100,000 Put 05/11/2014 25/09/2015 3.825 -4,695.48
250,000 Call 20/10/2014 27/04/2015 3.819 -10,318.45
100,000 Call 22/10/2014 27/04/2015 3.82 -4,103.92
250,000 Put 20/10/2014 27/04/2015 3.695 8.02
100,000 Put 22/10/2014 27/04/2015 3.698 3.52