WrapFormat Object

Represents all the properties for wrapping text around a shape or shape range.
Using the WrapFormat Object
Use the TextWrap property to return a WrapFormat object. The following example adds an oval to the active publication and specifies that publication text wrap around the left and right sides of the square that circumscribes the oval. There will be a 0.1-inch margin between the publication text and the top, bottom, left side, and right side of the square.
Sub SetTextWrapFormatProperties()
Dim shpOval As Shape
Set shpOval = ActiveDocument.Pages(1).Shapes.AddShape(Type:=msoShapeOval, _
Left:=36, Top:=36, Width:=100, Height:=35)
With shpOval.TextWrap
.Type = pbWrapTypeSquare
.Side = pbWrapSideBoth
.DistanceAuto = msoFalse
.DistanceTop = InchesToPoints(0.1)
.DistanceBottom = InchesToPoints(0.1)
.DistanceLeft = InchesToPoints(0.1)
.DistanceRight = InchesToPoints(0.1)
End With
End Sub