Dec 28 (Reuters) - R3d Global Ltd R3D.AX -
* Agreement with Redchip Companies Inc. to buy back shares
* Has signed deed of release and variation with its major shareholder, Red Chip Companies Inc.
* Redchip Us will "forfeit" all of its existing 30,000,000 shares and any potential deferred consideration in company Source text for Eikon: ID:nASXbmhks3 Further company coverage: R3D.AX