AIM-AMBIENT-AIY——-did I just read this right?!!!!, page-3

fellow noob here...i am struggling to find information on what this means also!

Here is my thinking in very simple terms - AIY will sell some shares to this new JV company of AIM & ADG. The venture company will pay 30c per share which is much higher than the current SP - presumably because they believe the value of AIY shares is worth 30c at least. This seems very positive to me. If my understanding is correct, i am wondering:
1) Have AIY issued new shares or are these existing shares held by AIY? I read about Stock Premiums...www.myaccountingcourse.com/accounting-dictionary/premium-on-stock. Is this concept what the announcement refers to?
2) Does any of this impact current shareholders by the way of stock dilution?

Without knowing the terminology I found it hard to know exactly what to search for while researching. To the learned folk out there- am i on the right track or have i just confused myself and possible others?

any insight or points in the right direction for what to research is very appreciated!