<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001390563</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001799983</issuerCik>
            <issuerName>GLOBAL BLUE GROUP HOLDING AG</issuerName>
            <secFileNumber>001-39477</secFileNumber>
            <issuerAddress>
                <ns2:street1>Route des Fl?ch?res 7A 1274</ns2:street1>
                <ns2:city>Signy</ns2:city>
                <ns2:stateOrCountry>V8</ns2:stateOrCountry>
                <ns2:zipCode>1274</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>41223637740</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>THOMAS WELLS FARLEY</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>COMMON</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>47500</noOfUnitsSold>
            <aggregateMarketValue>329650.00</aggregateMarketValue>
            <noOfUnitsOutstanding>199574701</noOfUnitsOutstanding>
            <approxSaleDate>02/03/2025</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>08/28/2020</acquiredDate>
            <natureOfAcquisitionTransaction>Founders Shares</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>47500</amountOfSecuritiesAcquired>
            <paymentDate>08/28/2020</paymentDate>
            <natureOfPayment>N/A</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
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            <sellerDetails>
                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
                <address>
                    <ns2:street1>Route des Fl?ch?res 7A 1274</ns2:street1>
                    <ns2:city>Signy</ns2:city>
                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
                    <ns2:zipCode>1274</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>COMMON</securitiesClassTitle>
            <saleDate>01/31/2025</saleDate>
            <amountOfSecuritiesSold>2500</amountOfSecuritiesSold>
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                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
                    <ns2:zipCode>1274</ns2:zipCode>
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            <saleDate>01/30/2025</saleDate>
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            <grossProceeds>17697.65</grossProceeds>
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                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
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                    <ns2:city>Signy</ns2:city>
                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
                    <ns2:zipCode>1274</ns2:zipCode>
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            <securitiesClassTitle>COMMON</securitiesClassTitle>
            <saleDate>01/29/2025</saleDate>
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            <grossProceeds>18049.50</grossProceeds>
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        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
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                    <ns2:street1>Route des Fl?ch?res 7A 1274</ns2:street1>
                    <ns2:city>Signy</ns2:city>
                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
                    <ns2:zipCode>1274</ns2:zipCode>
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            <securitiesClassTitle>COMMON</securitiesClassTitle>
            <saleDate>01/28/2025</saleDate>
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                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
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                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
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                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
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            <saleDate>01/24/2025</saleDate>
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            <sellerDetails>
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                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
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                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
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        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
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                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
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            </sellerDetails>
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        </securitiesSoldInPast3Months>
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                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
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                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
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                <name>10b5-1 Sales for THOMAS WELLS FARLEY</name>
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                    <ns2:stateOrCountry>V8</ns2:stateOrCountry>
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        </securitiesSoldInPast3Months>
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            </sellerDetails>
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            <saleDate>12/18/2024</saleDate>
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            <saleDate>12/17/2024</saleDate>
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144
0001390563
XXXXXXXX
LIVE
0001799983
GLOBAL BLUE GROUP HOLDING AG
001-39477
Route des Fl?ch?res 7A 1274
Signy
V8
1274
41223637740
THOMAS WELLS FARLEY
Officer
COMMON
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
47500
329650.00
199574701
02/03/2025
NYSE
Common
08/28/2020
Founders Shares
Issuer
N
47500
08/28/2020
N/A
N
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/31/2025
2500
17330.45
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/30/2025
2500
17697.65
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/29/2025
2500
18049.50
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/28/2025
2500
18142.15
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/27/2025
2500
18009.35
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/24/2025
2500
18475.45
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/23/2025
2500
18756.30
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/22/2025
2500
18424.65
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/21/2025
2500
18232.20
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/17/2025
2500
18920.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/16/2025
2500
19060.70
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/15/2025
2500
18845.95
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/14/2025
2500
18859.60
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/13/2025
2500
18602.80
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/10/2025
2500
18873.35
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/08/2025
2500
19594.65
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/07/2025
2500
19594.75
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/06/2025
2500
19329.70
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/03/2025
2500
18461.25
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
01/02/2025
2500
17535.65
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/31/2024
2000
13537.95
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/30/2024
2000
13353.35
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/27/2024
2000
13454.55
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/26/2024
2000
13566.35
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/24/2024
2000
12966.50
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/23/2024
2000
12575.00
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/20/2024
2000
12325.00
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/19/2024
2000
12525.70
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/18/2024
2000
12725.90
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/17/2024
2000
12254.00
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/16/2024
2000
11985.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/13/2024
2000
11988.80
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/12/2024
2000
12047.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/11/2024
2000
12144.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/10/2024
2000
11943.20
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/09/2024
2000
11919.80
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/06/2024
1500
8838.70
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/05/2024
2000
11821.30
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/04/2024
2000
11885.80
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/03/2024
1500
8575.90
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
12/02/2024
2000
11862.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/29/2024
2000
12040.00
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/27/2024
2000
11794.30
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/26/2024
1500
8638.20
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/25/2024
2000
11453.70
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/22/2024
2000
12164.50
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/21/2024
2000
11772.10
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/20/2024
1500
8440.50
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/19/2024
1500
8270.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/18/2024
1500
8278.00
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/15/2024
1500
8259.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/14/2024
1500
8286.90
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/13/2024
1500
8280.70
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/12/2024
1500
8309.30
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/11/2024
1500
8281.80
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/08/2024
1500
8094.40
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/07/2024
1500
8055.70
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/06/2024
1500
8215.90
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/05/2024
1500
8182.90
10b5-1 Sales for THOMAS WELLS FARLEY
Route des Fl?ch?res 7A 1274
Signy
V8
1274
COMMON
11/04/2024
1500
8365.00
02/03/2025
02/26/2024
/s/ Thomas Wells Farley