C06041-2021

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Sep 6, 2021
2. SEC Identification Number
ASO93008809
3. BIR Tax Identification No.
003-865-392-000
4. Exact name of issuer as specified in its charter
PACIFIC ONLINE SYSTEMS CORPORATION
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
28th Floor East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
+63 2 8584 1700
9. Former name or former address, if changed since last report
N.A.
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON 895,330,946
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Pacific Online Systems CorporationLOTO

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

PCSO Notice of Award to Joint Venture of POSC, PGMC, and ILTS (for Lease of New PCSO Lottery System)

Background/Description of the Disclosure

Please be advised that the Joint Venture of Pacific Online Systems Corporation (Pacific Online or POSC), Philippine Gaming Management Corporation (PGMC) and International Lottery & Totalizator Systems, Inc. (ILTS) has received the Notice of Award issued by the Philippine Charity Sweepstakes Office (PCSO) in connection with its public bidding for a new PCSO Lottery System. The Notice of Award stated:

“We are pleased to inform you that in the Bidding conducted for the Procurement of Five (5) Years Lease of the Customized Philippine Charity Sweepstakes Office (PCSO) Lottery System, also known as ‘2021 PLS Project’ under SBAC Contract No. 2021-01, the Special Bids and Awards Committee (SBAC) declared you as the Single Calculated and Responsive Bid (SCRB) for the abovementioned Project.

“Award is therefore made in your favor with a total contract price of Five Billion Eight Hundred Million Philippine Pesos (Php5,800,000,000.00).”

The PCSO further advised that pursuant to the requirements of the Government Procurement Law (Republic Act No. 9184), a formal contract will be executed with the Joint Venture after the latter shall have complied with the requirement to post Performance Security.

Other Relevant Information

As previously disclosed on 29 March 2021:
(i) The joint venture was entered into with the following participation by the parties thereto: Pacific Online (50%), PGMC (49%), and ILTS (1%).
(ii) The benefits and costs to the joint venture will be shared in accordance with the parties' respective participation.
(iii) Pacific Online and PGMC are currently the equipment lessors to PCSO of the online lottery systems being used by the latter for its lotto operations throughout the Philippines. ILTS is the equipment supplier of PGMC.

Filed on behalf by:
Name JASON NALUPTA
Designation ASSISTANT CORPORATE SECRETARY