"Kelly and Matthew have decided to end their engagement. The split is amicable and the pair continue to have nothing but the utmost respect for one another," a statement from the couple read.
"Kelly is looking forward to a new year full of fresh beginnings. No further comments will be provided by all parties and we request privacy, decorum and space from the press but don't expect it."
The couple exclusively announced their engagement to HELLO! last July. At the time, speaking in the exact same location that he got down on one knee during an idyllic holiday in Anguilla, Matthew told HELLO!: "We were on a balcony that overlooks the ocean. It was just beautiful. She said yes! And then she smiled for the rest of the night!"
Matthew added: "I knew she was 'The One' pretty early on." And Kelly told the magazine: "I've never felt this close to another human being, ever. People say we're co-dependent but we just want to be together all the time."
The couple were last pictured together on New Year's Eve, in England.