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BRIEF-Simris Alg Raises Proceeds Of About SEK 28.2 Mln In Rights Issue

Nov 5 (Reuters) - Simris Alg AB:

* ANNOUNCED ON MONDAY OUTCOME OF THE RIGHTS ISSUE

* THE RIGHTS ISSUE HAS BEEN SUBSCRIBED TO APPROXIMATELY SEK 22.6 MILLION, CORRESPONDING TO A SUBSCRIPTION RATE OF APPROXIMATELY 60%

* COMPANY WILL RECEIVE APPROXIMATELY SEK 28.2 MILLION BEFORE ISSUE COSTS, WHICH ARE ESTIMATED TO AMOUNT TO APPROXIMATELY SEK 4.5 MILLION

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