zk1008721.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 August 2010
 
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/ Mira Rosenzweig
——————————————
Mira Rosenzweig,
Chief Financial Officer

Dated: August 29, 2010
 
 
 
 
 
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, 2008, 2009 and for the three-month period ending March 31, 2010, were given in the Company’s previous reports concerning the Standard.
 
The net amount of capitalized development expenses reflected on Priotech’s consolidated statements for the six month period ended June 30, 2010 is US$1,619 thousands.
 
Another item of disclosure on Priortech’s reports reflects the fact that on June 30, 2010, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The opened hedging transactions as of June 30, 2010, are displayed in the following table:
 
Base
Amt.
Deal Type
 Expiry
Date
Trade Date
Market Rate
 Market Value
(USD)
450,000
Sold Eu.Opt
28/07/2010
18/01/2010
3.8752
-5,480
-150,000
Bought Eu.Opt
28/07/2010
10/02/2010
3.8752
40
150,000
Sold Eu.Opt
28/07/2010
10/02/2010
3.8752
-1,827
150,000
Sold Eu.Opt
28/07/2010
25/02/2010
3.8752
-972
-200,000
Bought Eu.Opt
28/07/2010
02/11/2009
3.8752
53
200,000
Sold Eu.Opt
28/07/2010
02/11/2009
3.8752
-1,190
-450,000
Bought Eu.Opt
28/07/2010
18/01/2010
3.8752
5
-150,000
Bought Eu.Opt
28/07/2010
25/02/2010
3.8752
85
-200,000
Bought Eu.Opt
28/07/2010
06/05/2010
3.8752
53
200,000
Sold Eu.Opt
28/07/2010
06/05/2010
3.8752
-713
150,000
Sold Eu.Opt
27/08/2010
25/02/2010
3.8754
-1,554
-200,000
Bought Eu.Opt
27/08/2010
02/11/2009
3.8754
253
200,000
Sold Eu.Opt
27/08/2010
02/11/2009
3.8754
-1,952
-450,000
Bought Eu.Opt
27/08/2010
18/01/2010
3.8754
108
450,000
Sold Eu.Opt
27/08/2010
18/01/2010
3.8754
-7,206
-150,000
Bought Eu.Opt
27/08/2010
10/02/2010
3.8754
189
150,000
Sold Eu.Opt
27/08/2010
10/02/2010
3.8754
-2,402
-200,000
Bought Eu.Opt
27/08/2010
06/05/2010
3.8754
253
200,000
Sold Eu.Opt
27/08/2010
06/05/2010
3.8754
-1,363
-150,000
Bought Eu.Opt
27/08/2010
25/02/2010
3.8754
335
-200,000
 Bought Eu.Opt 27/09/2010
02/11/2009
3.8758
533
 
 
 
 
200,000
Sold Eu.Opt
27/09/2010
02/11/2009
3.8758
-2,591
-450,000
Bought Eu.Opt
27/09/2010
18/01/2010
3.8758
403
450,000
Sold Eu.Opt
27/09/2010
18/01/2010
3.8758
-8,655
-150,000
Bought Eu.Opt
27/09/2010
10/02/2010
3.8758
400
150,000
Sold Eu.Opt
27/09/2010
10/02/2010
3.8758
-2,885
-150,000
Bought Eu.Opt
27/09/2010
25/02/2010
3.8758
644
150,000
Sold Eu.Opt
27/09/2010
25/02/2010
3.8758
-2,038
-200,000
Bought Eu.Opt
27/09/2010
06/05/2010
3.8758
533
200,000
Sold Eu.Opt
27/09/2010
06/05/2010
3.8758
-1,950
200,000
Sold Eu.Opt
27/10/2010
28/04/2010
3.8762
-3,817
-200,000
Bought Eu.Opt
27/10/2010
06/05/2010
3.8762
804
200,000
Sold Eu.Opt
27/10/2010
06/05/2010
3.8762
-2,578
-300,000
Bought Eu.Opt
27/10/2010
25/02/2010
3.8762
1,726
300,000
Sold Eu.Opt
27/10/2010
25/02/2010
3.8762
-4,723
-300,000
Bought Eu.Opt
27/10/2010
08/06/2010
3.8762
2,703
300,000
Sold Eu.Opt
27/10/2010
08/06/2010
3.8762
-2,781
-200,000
Bought Eu.Opt
27/10/2010
28/04/2010
3.8762
518
-300,000
Bought Eu.Opt
24/11/2010
25/02/2010
3.8767
2,184
300,000
Sold Eu.Opt
24/11/2010
25/02/2010
3.8767
-5,231
-200,000
Bought Eu.Opt
24/11/2010
28/04/2010
3.8767
729
200,000
Sold Eu.Opt
24/11/2010
28/04/2010
3.8767
-4,196
-200,000
Bought Eu.Opt
24/11/2010
06/05/2010
3.8767
1,056
200,000
Sold Eu.Opt
24/11/2010
06/05/2010
3.8767
-2,991
-300,000
Bought Eu.Opt
24/11/2010
08/06/2010
3.8767
3,249
300,000
Sold Eu.Opt
24/11/2010
08/06/2010
3.8767
-3,340
-300,000
Bought Eu.Opt
29/12/2010
25/02/2010
3.8773
2,723
-200,000
Bought Eu.Opt
29/12/2010
28/04/2010
3.8773
969
200,000
Sold Eu.Opt
29/12/2010
28/04/2010
3.8773
-4,607
-200,000
Bought Eu.Opt
29/12/2010
06/05/2010
3.8773
1,362
200,000
Sold Eu.Opt
29/12/2010
06/05/2010
3.8773
-3,459
-300,000
Bought Eu.Opt
29/12/2010
08/06/2010
3.8773
3,872
300,000
Sold Eu.Opt
29/12/2010
08/06/2010
3.8773
-3,985
300,000
Sold Eu.Opt
29/12/2010
25/02/2010
3.8773
-5,763
-300,000
Bought Eu.Opt
27/01/2011
08/06/2010
3.8776
4,375
300,000
Sold Eu.Opt
27/01/2011
08/06/2010
3.8776
-4,498
300,000
Sold Eu.Opt
24/02/2011
08/06/2010
3.8779
-4,968
-300,000
Bought Eu.Opt
24/02/2011
08/06/2010
3.8779
4,924
300,000
Sold Eu.Opt
29/03/2011
08/06/2010
3.8782
-5,491
-300,000
Bought Eu.Opt
29/03/2011
08/06/2010
3.8782
5,204