FBR & Co. (FBRC): Voce Capital Expresses Disappointment in Management; Nominates Three Director Candidates

Page 7 of 7 – SEC Filing

Jarl Berntzen, one of Voce Catalysts nominees to the board of
directors of the Issuer, acquired 2,000 Shares on April 1, 2016 and 500 Shares
on April 4, 2016. Mr. Berntzen disclaims beneficial ownership of Shares
beneficially owned by the Reporting Persons. The Reporting Persons disclaim
beneficial ownership of the Shares beneficially owned by Mr. Berntzen.

Item 7. MATERIAL TO BE FILED AS EXHIBITS

Item 7 is hereby amended to add the following:

Exhibit 6 Press Release dated April 18, 2016 (incorporated by
reference to Exhibit 1 to Schedule 14A filed by Voce Capital Management with the
Securities and Exchange Commission on April 18, 2016)

SIGNATURES

After reasonable inquiry and to
the best of his knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete and correct.

Date: April 19, 2016

	Voce Capital Management LLC
	By:	Voce Capital LLC
		Managing Member
	By:	/s/ J. Daniel Plants
	Name:	J. Daniel Plants
	Title:	Managing Member
	Voce Capital LLC
	By:	/s/ J. Daniel Plants
	Name:	J. Daniel Plants
	Title:	Managing Member
	/s/ J. Daniel Plants
	J. Daniel Plants