It is, lest we forget, a sign probably planted by the electricity board and not a clearance height on a navigational chart. MHWS or HAT might have been more familiar and useful but perhaps they like to use HWMT in pylon planning as some kind of simple standard for how high water might be.
It is also reportedly on a river where predicted tide heights aren't always a good guide to water level; you may have all sorts of floods, surges and little men in overalls doing mysterious things with sluices, wiers and locks.
In which case, a warning that the wires are "about 14m above high tide" is probably enough to cover them and make anyone with a big mast at least think about what may be about to happen.
Indeed, given the way things are going in some parts of the country, you may soon see such signs changed to read:
"Every horizontal rung of pylon still visible is about 3m clearance under the lines"