zk1110725.htm
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 November 2011
 
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 o
 
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 x
 
 
 
 
 
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: November 30, 2011
 
 
 
 
 
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 years 2007 to 2010 and the first and second quarters of 2011 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 nine-month period ended September 30, 2011 is US$1,538 thousands.
 
Another item of disclosure on Priortech’s reports reflects the fact that on September 30, 2011, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of September 30, 2011, are displayed in the following table:
 
Base
Deal Type
Expiry
Trade Date
Market Rate
Market Value
Amt.
Date
(USD)
-650,000
Swap
05/10/2011
27/09/2011
3.7132
-51
500,000
Sold Eu.Opt
27/10/2011
20/01/2011
3.7172
-6,693
-500,000
Bought Eu.Opt
27/10/2011
20/01/2011
3.7172
95
250,000
Sold Eu.Opt
27/10/2011
03/08/2011
3.7172
-3,347
-250,000
Bought Eu.Opt
27/10/2011
03/08/2011
3.7172
2
300,000
Sold Eu.Opt
27/10/2011
31/01/2011
3.7172
-1,152
500,000
Sold Eu.Opt
27/10/2011
06/05/2011
3.7172
-10,959
-500,000
Bought Eu.Opt
27/10/2011
06/05/2011
3.7172
4
300,000
Sold Eu.Opt
27/10/2011
28/01/2011
3.7172
-1,275
300,000
Sold Eu.Opt
27/10/2011
23/05/2011
3.7172
-6,575
-300,000
Bought Eu.Opt
27/10/2011
23/05/2011
3.7172
57
-300,000
Bought Eu.Opt
27/10/2011
28/01/2011
3.7172
467
 
 
 
 
 
-300,000
Bought Eu.Opt
27/10/2011
20/01/2011
3.7172
57
300,000
Sold Eu.Opt
27/10/2011
20/01/2011
3.7172
-2,809
-300,000
Bought Eu.Opt
27/10/2011
31/01/2011
3.7172
1,157
300,000
Sold Eu.Opt
28/11/2011
28/01/2011
3.7188
-2,317
-300,000
Bought Eu.Opt
28/11/2011
28/01/2011
3.7188
1,229
300,000
Sold Eu.Opt
28/11/2011
20/01/2011
3.7188
-3,787
300,000
Sold Eu.Opt
28/11/2011
31/01/2011
3.7188
-2,253
-300,000
Bought Eu.Opt
28/11/2011
20/01/2011
3.7188
332
250,000
Sold Eu.Opt
28/11/2011
03/08/2011
3.7188
-4,616
-250,000
Bought Eu.Opt
28/11/2011
03/08/2011
3.7188
54
300,000
Sold Eu.Opt
28/11/2011
23/05/2011
3.7188
-7,850
500,000
Sold Eu.Opt
28/11/2011
20/01/2011
3.7188
-9,233
400,000
Sold Eu.Opt
28/11/2011
12/09/2011
3.7188
-2,100
-400,000
Bought Eu.Opt
28/11/2011
12/09/2011
3.7188
2,122
-500,000
Bought Eu.Opt
28/11/2011
20/01/2011
3.7188
554
-300,000
Bought Eu.Opt
28/11/2011
23/05/2011
3.7188
332
500,000
Sold Eu.Opt
28/11/2011
11/05/2011
3.7188
-12,820
-500,000
Bought Eu.Opt
28/11/2011
11/05/2011
3.7188
107
-300,000
Bought Eu.Opt
28/11/2011
31/01/2011
3.7188
2,303
400,000
Sold Eu.Opt
28/12/2011
12/09/2011
3.7202
-3,100
-400,000
Bought Eu.Opt
28/12/2011
12/09/2011
3.7202
3,137
250,000
Sold Eu.Opt
28/12/2011
03/08/2011
3.7202
-5,494
-250,000
Bought Eu.Opt
28/12/2011
03/08/2011
3.7202
180
300,000
Sold Eu.Opt
28/12/2011
23/05/2011
3.7202
-8,817
-300,000
Bought Eu.Opt
28/12/2011
23/05/2011
3.7202
679
500,000
Sold Eu.Opt
28/12/2011
11/05/2011
3.7202
-13,875
 
 
 
 
 
-500,000
Bought Eu.Opt
28/12/2011
11/05/2011
3.7202
360
-500,000
Bought Eu.Opt
28/12/2011
20/01/2011
3.7202
1,131
300,000
Sold Eu.Opt
28/12/2011
28/01/2011
3.7202
-3,142
-300,000
Bought Eu.Opt
28/12/2011
28/01/2011
3.7202
1,919
300,000
Sold Eu.Opt
28/12/2011
20/01/2011
3.7202
-4,400
300,000
Sold Eu.Opt
28/12/2011
31/01/2011
3.7202
-3,090
-300,000
Bought Eu.Opt
28/12/2011
31/01/2011
3.7202
3,158
-300,000
Bought Eu.Opt
28/12/2011
20/01/2011
3.7202
679
500,000
Sold Eu.Opt
28/12/2011
20/01/2011
3.7202
-10,988
400,000
Sold Eu.Opt
27/01/2012
12/09/2011
3.7216
-3,958
-400,000
Bought Eu.Opt
27/01/2012
12/09/2011
3.7216
4,051
300,000
Sold Eu.Opt
27/01/2012
16/06/2011
3.7216
-7,492
-300,000
Bought Eu.Opt
27/01/2012
16/06/2011
3.7216
444
300,000
Sold Eu.Opt
27/01/2012
30/08/2011
3.7216
-6,768
-300,000
Bought Eu.Opt
27/01/2012
30/08/2011
3.7216
884
300,000
Sold Eu.Opt
27/01/2012
08/08/2011
3.7216
-5,821
-300,000
Bought Eu.Opt
27/01/2012
08/08/2011
3.7216
673
300,000
Sold Eu.Opt
27/01/2012
03/08/2011
3.7216
-7,492
-300,000
Bought Eu.Opt
27/01/2012
03/08/2011
3.7216
423
400,000
Sold Eu.Opt
27/01/2012
13/07/2011
3.7216
-10,300
-400,000
Bought Eu.Opt
27/01/2012
13/07/2011
3.7216
563
300,000
Sold Eu.Opt
27/01/2012
27/06/2011
3.7216
-7,492
-300,000
Bought Eu.Opt
27/01/2012
27/06/2011
3.7216
423
400,000
Sold Eu.Opt
27/02/2012
12/09/2011
3.7226
-4,827
-400,000
Bought Eu.Opt
27/02/2012
12/09/2011
3.7226
4,925
300,000
Sold Eu.Opt
27/02/2012
08/08/2011
3.7226
-6,363
 
 
 
 
 
-300,000
Bought Eu.Opt
27/02/2012
08/08/2011
3.7226
1,032
-300,000
Bought Eu.Opt
27/02/2012
03/08/2011
3.7226
720
300,000
Sold Eu.Opt
27/02/2012
03/08/2011
3.7226
-8,298
300,000
Sold Eu.Opt
27/02/2012
16/06/2011
3.7226
-8,298
-300,000
Bought Eu.Opt
27/02/2012
16/06/2011
3.7226
778
400,000
Sold Eu.Opt
27/02/2012
13/07/2011
3.7226
-11,064
-400,000
Bought Eu.Opt
27/02/2012
13/07/2011
3.7226
960
300,000
Sold Eu.Opt
27/02/2012
27/06/2011
3.7226
-8,298
300,000
Sold Eu.Opt
27/02/2012
30/08/2011
3.7226
-7,576
-300,000
Bought Eu.Opt
27/02/2012
30/08/2011
3.7226
1,285
-300,000
Bought Eu.Opt
27/02/2012
27/06/2011
3.7226
720
300,000
Sold Eu.Opt
28/03/2012
30/08/2011
3.7233
-8,280
-300,000
Bought Eu.Opt
28/03/2012
30/08/2011
3.7233
1,646
300,000
Sold Eu.Opt
28/03/2012
16/06/2011
3.7233
-8,999
-300,000
Bought Eu.Opt
28/03/2012
16/06/2011
3.7233
1,077
300,000
Sold Eu.Opt
28/03/2012
08/08/2011
3.7233
-6,891
-300,000
Bought Eu.Opt
28/03/2012
08/08/2011
3.7233
1,355
300,000
Sold Eu.Opt
28/03/2012
03/08/2011
3.7233
-8,999
-300,000
Bought Eu.Opt
28/03/2012
03/08/2011
3.7233
974
400,000
Sold Eu.Opt
28/03/2012
13/07/2011
3.7233
-11,508
-400,000
Bought Eu.Opt
28/03/2012
13/07/2011
3.7233
1,298
300,000
Sold Eu.Opt
28/03/2012
27/06/2011
3.7233
-8,999
-300,000
Bought Eu.Opt
28/03/2012
27/06/2011
3.7233
974
400,000
Sold Eu.Opt
28/03/2012
12/09/2011
3.7233
-5,560
-400,000
Bought Eu.Opt
28/03/2012
12/09/2011
3.7233
5,711
400,000
Sold Eu.Opt
25/04/2012
12/09/2011
3.7249
-5,977
 
 
 
 
 
-400,000
Bought Eu.Opt
25/04/2012
12/09/2011
3.7249
6,362
300,000
Sold Eu.Opt
25/04/2012
30/08/2011
3.7249
-8,885
-300,000
Bought Eu.Opt
25/04/2012
30/08/2011
3.7249
2,032
300,000
Sold Eu.Opt
25/04/2012
27/06/2011
3.7249
-9,615
300,000
Sold Eu.Opt
25/04/2012
08/08/2011
3.7249
-7,020
-300,000
Bought Eu.Opt
25/04/2012
08/08/2011
3.7249
1,645
-300,000
Bought Eu.Opt
25/04/2012
27/06/2011
3.7249
1,216
300,000
Sold Eu.Opt
25/04/2012
16/06/2011
3.7251
-9,621
-300,000
Bought Eu.Opt
25/04/2012
16/06/2011
3.7251
1,372
300,000
Sold Eu.Opt
25/04/2012
03/08/2011
3.7249
-9,615
-300,000
Bought Eu.Opt
25/04/2012
03/08/2011
3.7249
1,216
400,000
Sold Eu.Opt
25/04/2012
13/07/2011
3.7251
-11,855
-400,000
Bought Eu.Opt
25/04/2012
13/07/2011
3.7251
1,620
300,000
Sold Eu.Opt
29/05/2012
30/08/2011
3.7268
-9,576
-300,000
Bought Eu.Opt
29/05/2012
30/08/2011
3.7268
2,510
-300,000
Bought Eu.Opt
29/05/2012
03/08/2011
3.7268
1,573
400,000
Sold Eu.Opt
29/05/2012
13/07/2011
3.7268
-12,302
-400,000
Bought Eu.Opt
29/05/2012
13/07/2011
3.7268
2,097
300,000
Sold Eu.Opt
29/05/2012
27/06/2011
3.7268
-10,319
-300,000
Bought Eu.Opt
29/05/2012
27/06/2011
3.7268
1,573
300,000
Sold Eu.Opt
29/05/2012
16/06/2011
3.7268
-10,319
-300,000
Bought Eu.Opt
29/05/2012
16/06/2011
3.7268
1,837
300,000
Sold Eu.Opt
29/05/2012
08/08/2011
3.7268
-7,327
-300,000
Bought Eu.Opt
29/05/2012
08/08/2011
3.7268
2,037
300,000
Sold Eu.Opt
29/05/2012
03/08/2011
3.7268
-10,319
300,000
Sold Eu.Opt
27/06/2012
30/08/2011
3.7284
-10,135
 
 
 
 
 
-300,000
Bought Eu.Opt
27/06/2012
30/08/2011
3.7284
2,913
300,000
Sold Eu.Opt
27/06/2012
08/08/2011
3.7284
-7,585
-300,000
Bought Eu.Opt
27/06/2012
08/08/2011
3.7284
2,346
300,000
Sold Eu.Opt
27/06/2012
03/08/2011
3.7284
-10,657
-300,000
Bought Eu.Opt
27/06/2012
03/08/2011
3.7284
1,841
400,000
Sold Eu.Opt
27/06/2012
13/07/2011
3.7284
-12,581
-400,000
Bought Eu.Opt
27/06/2012
13/07/2011
3.7284
2,455
300,000
Sold Eu.Opt
27/06/2012
27/06/2011
3.7284
-10,889
-300,000
Bought Eu.Opt
27/06/2012
27/06/2011
3.7284
1,841
300,000
Sold Eu.Opt
27/06/2012
16/06/2011
3.7284
-10,889
-300,000
Bought Eu.Opt
27/06/2012
16/06/2011
3.7284
2,181
400,000
Sold Eu.Opt
27/07/2012
06/09/2011
3.7307
-11,019
-400,000
Bought Eu.Opt
27/07/2012
06/09/2011
3.7307
6,588
300,000
Sold Eu.Opt
27/07/2012
30/08/2011
3.7307
-10,753
-300,000
Bought Eu.Opt
27/07/2012
30/08/2011
3.7307
3,263
300,000
Sold Eu.Opt
27/07/2012
08/08/2011
3.7307
-8,264
-300,000
Bought Eu.Opt
27/07/2012
08/08/2011
3.7307
2,667
300,000
Sold Eu.Opt
27/07/2012
03/08/2011
3.7307
-10,789
-300,000
Bought Eu.Opt
27/07/2012
03/08/2011
3.7307
2,053
400,000
Sold Eu.Opt
29/08/2012
06/09/2011
3.7330
-11,896
-400,000
Bought Eu.Opt
29/08/2012
06/09/2011
3.7330
7,254
300,000
Sold Eu.Opt
29/08/2012
30/08/2011
3.7330
-11,390
-300,000
Bought Eu.Opt
29/08/2012
30/08/2011
3.7330
3,605
400,000
Sold Eu.Opt
24/09/2012
06/09/2011
3.7349
-12,559
-400,000
Bought Eu.Opt
24/09/2012
06/09/2011
3.7351
7,788