The panel tends to leak even if it is put back in correctly.
If yours isn't currently leaking any water onto either the soundproofing (if you run with it) or coming through one of the 3 available drain holes or any of the holes where the clips hold the panel onto the bonnet - then I would leave it the hell alone!!
If you really need it wrapped, do it without removal if possible.
You will see my posts on the other thread linked above. I sealed all around both edges using 3M D-shaped rubber seal strips and and solid rubber strip on the
lower portion, and water still gets in.
Thankfully after plugging up the 3 drain holes, and ensuring the tightest possible fit for the 10 or so plastic clips which hold the strip (which also have rubber washers on them) I managed to stop it entering the engine bay even though it still collects under the plastic strip.
All I have to do is lift the bonnet just above the horizontal and let the water come out the back - not ideal but im willing to live with it. If the water comes into the bay, it will naturally collect around the coil packs, and if enough builds up, can travel down the bonnet strengthening beams and end up in your air filter if you have a induction kit fitted.