Showing gang wrapping electronic gift (12)

I believe the answer is:

representing

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'showing' is the definition.
The definition and answer can be both to do with communicating as well as being present participle verbs.
Perhaps they are linked in a way I don't understand?

'gang wrapping electronic gift' is the wordplay.
'gang' becomes 'ring' (synonyms).
'wrapping' is an insertion indicator.
'electronic' becomes 'e' (as in e-mail or e-books).
'gift' becomes 'present' (synonyms).
'e'+'present'='epresent'
'ring' placed around 'epresent' is 'REPRESENTING'.

Can you help me to learn more?

(Other definitions for representing that I've seen before include "Speaking for" , "Acting for" .)

I've seen this clue in The Telegraph.

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